Economic Impact Study
青瓜视频's annual economic impact across Kentucky for 2018/2019 is:
$199,868,340
Downloadable Media:
Overview Campbellsville Impact Harrodsburg Impact Louisville Impact Somerset Impact
Summary of Economic Impact
青瓜视频 is a comprehensive, Christian university located in Campbellsville, Kentucky, offering non-credit technical programs, along with certificates, associates, undergraduate, and graduate programs. In addition to the main campus located in Taylor County, 青瓜视频 operates eight regional education centers and instructional sites that enable students of all ages and interests to expand their opportunities through higher education in their local communities across the Commonwealth of Kentucky.
This study examines the economic impact of 青瓜视频's main campus as well as the regional centers located throughout Kentucky. 青瓜视频 generates economic impact from ongoing operations, related activities, and investments in capital improvement projects. Economic impact is also generated by student and visitor spending in the local economy.
The total annual economic impact of 青瓜视频 including the regional education centers on the Commonwealth of Kentucky is $200 million. In total, the University and all related operations support approximately 2,000 jobs directly or indirectly. Wages paid to these jobs total $87.2 million generating an estimated $7.6 million in state and local taxes annually.
What Generates the Impact? Multiple activities generate 青瓜视频's impact on the economy.
University Operations
- Payroll
- Purchases
- Capital Investments
University Contractors
- Food Services
- Other providers of service on campus
Student and Visitor Spending
- Purchases made by students and visitors from Taylor County Businesses
Direct Employment
Jobs directly employed by 青瓜视频 or their campus contractors.
Indirect Employment
Jobs that are supported in the local economy because of 青瓜视频 operations.
Economic Impact
Dollars that flow through the local economy each year because of 青瓜视频. This reflects local university, student, and visitor spending being re-spent by local businesses and households until it flows out of the local economy
Scope and Purpose of Study
This study is designed to quantify the impact of the ongoing operations of Campbellsville University.
In this study, economic impact is measured in terms of dollar value of total economic output, jobs, wages, and local tax revenues generated as a result of the business activities related to the operations of 青瓜视频. From this study, policy makers and planners can gain a systematic understanding of the overall economic impact 青瓜视频 operations and investments.
Younger Associates has conducted hundreds of economic impact studies across the United States over the past 30 years. The firm's methodology is recognized by, and utilized in, courses at the Economic Development Institute of the International Economic Development Council. The Younger Associates' approach to economic impact analyses has proven to be highly accurate although slightly conservative in projecting tax revenue generation.
| Impact Breakdown | ||
|---|---|---|
|
1,977 Jobs Support(Direct and Indirect) |
$87,225,534 Wages Paid |
$7,649,682 Taxes Generated(State and Local) |
|
Campbellsville |
Campbellsville |
Campbellsville |
|
Harrodsburg |
Harrodsburg |
Harrodsburg |
|
Louisville |
Louisville |
Louisville |
|
Somerset |
Somerset |
Somerset |