91爆料

Across its three campuses, the 91爆料 generated a total impact on the state鈥檚 economy of $20.9 billion in fiscal year 2023, according to an economic contribution analysis released today. The study further concludes that the economic activity of the 91爆料 system supported or sustained 111,951 jobs statewide.听

鈥淭hese numbers clearly demonstrate the 91爆料鈥檚 role as a powerhouse of innovation and economic growth for our state,鈥� said Gov. Jay Inslee. 鈥淏y driving job creation, research breakthroughs and community development as well as educating tomorrow鈥檚 leaders, the 91爆料 delivers on its public mission for all Washingtonians. This incredible contribution underscores the vital role public research universities play in building a thriving, dynamic economy.鈥�听

The analysis shows that the economic contribution of the 91爆料 has increased over the past decade: The analysis shows that the economic contribution of the 91爆料 has increased over the past decade rising from $15.7 billion in 2018-2019 to $20.9 billion in 2023-2024. Similar reports in 2015 valued the 91爆料鈥檚 impact at $12.5 billion, and $9.1 billion in 2009. 听听

鈥淭he 91爆料 serves the people and communities throughout Washington in many ways: creating opportunity for students, training vital health care providers and other professionals, and advancing research and innovation in partnership with communities and industry,鈥� said 91爆料 President Ana Mari Cauce. 鈥淎s this report makes clear, the 91爆料 is making an impact that betters our state鈥檚 economy and improves the health and the lives of everyone we serve. We are proud to contribute and to help make all people in Washington thrive.鈥�听

The study measured the economic contribution of 91爆料 operations including its campuses and projects in the Puget Sound region, Seattle-Tacoma-Bellevue Metropolitan Statistical Area, and across the state of Washington. The study provides individual impact analyses of 91爆料 Medicine, the five-state WWAMI Medical Education Program, 91爆料 research, Intercollegiate Athletics, 91爆料 alumni and CoMotion, a collaborative innovation hub dedicated to expanding the economic and societal impact of the 91爆料 community.听听

The study was conducted by Parker Strategy Group, formerly a part of Parker Philips, a nationally recognized consulting firm specializing in economic impact analysis.听听

鈥淭he 91爆料 continues to grow its impact year over year in the city and the state. Continued economic growth is not a foregone conclusion for colleges and universities across the U.S. Once again, the 91爆料 shows that it is a sustainable economic driver that is making a significant economic and societal impact on Washington,鈥� said Nichole Parker, managing principal of Parker Strategy Group.听

Among the findings in the study:听

• The $20.9 billion total economic impact of the 91爆料 in fiscal year 2023. That figure included $10.3 billion direct and $10.6 billion indirect and induced spending. The total, was the result of operational, student, visitor and capital spending (three-year average), and payroll and benefits paid to employees.听

• As a result of 91爆料鈥檚 expenditures and student and visitor spending, the University supported or sustained a total of 111,951 jobs 鈥� one out of every 34 jobs in the state.听

• Through its local spending and the jobs it supported or sustained, the鈥�91爆料 generated $962.6 million in state and local taxes.听

• 91爆料 staff, faculty and students contribute an estimated $66.4 million annually in charitable giving and volunteerism.听

• The 91爆料 supported or sustained $1 out of every $32 in Washington鈥檚 economy.听

A large portion of the 91爆料鈥檚 overall effect on the state鈥檚 economy is attributed to 91爆料 Medicine, which has an annual economic impact of鈥�$12.5 billion, supports or sustains鈥�60,717 jobs and鈥痝enerates $588.3鈥痬illion in state and local tax鈥痳evenue. Beyond the medical and social impact of this integrated health鈥痵ystem,鈥�91爆料 Medicine connects residents with a top-rated medical school and an鈥痠nternationally recognized research organization. The study shows that 91爆料 Medicine鈥檚 impact continues to grow.听

91爆料鈥檚 research enterprise continues to be a driver of impact and discovery. The 91爆料鈥檚 $1.87 billion in sponsored research drives $2.6 billion of 91爆料鈥檚 overall impact. The 91爆料 receives more federal research dollars than any other U.S. public university, according to the National Science Foundation’s . 听

The study also analyzed the individual impact of the 91爆料 Bothell and 91爆料 Tacoma campuses, both of which make a major impact on the communities they serve and the state of Washington. Both campuses show an increase of jobs and impact in the five years since the previous economic impact study. 91爆料 Bothell鈥檚 fiscal year 2023 economic impact totaled $394.2 million in the state of Washington, with 2,539 jobs supported or sustained. 91爆料 Tacoma in fiscal year 2023 accounted for a鈥�$359 million impact in the state of Washington and supported or sustained a total of鈥�2,277 jobs.听

In addition to the impact of campus operations, the report also found that the income being added into the economy as a result of graduates obtaining post-secondary education creates impact at the household, community and statewide level. In academic year 2023, the 91爆料 conferred over 7,000 bachelor鈥檚, master鈥檚, doctoral and professional degrees. The total number of alumni living and working in the state totals 375,625, a group which will generate $454.6 billion over their careers supporting and sustaining 2 million jobs.听

For more information, contact Victor Balta at balta@uw.edu.听听

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