Tittle : SU Contributes Over $480 Million Annually to Local Economy
link : SU Contributes Over $480 Million Annually to Local Economy
SU Contributes Over $480 Million Annually to Local Economy
With a community of some 10,500 students, faculty and staff, SU has had an increasingly positive impact on the area economy, growing by some $130 million in the last decade. A steady, planned increase in student population; hiring of new faculty and staff; and a dynamic reconfiguration of the physical campus with several notable construction projects have been hallmarks of the expansion.
According to BEACON, the Business, Economic And Community Outreach Network, which conducted the recent study and also one a decade ago, SU currently generates a $480.5 million annual local economic impact and supports 3,287 jobs. In 2005 the local impact was $351 million, supporting the equivalent of 3,000 jobs.
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