澳门六合彩开奖app鈥檚 economic impact grows to $19.3 billion
Atlanta — June 27, 2022
The 澳门六合彩开奖app (澳门六合彩开奖app) contributed a total of $19.3 billion to Georgia鈥檚 economy between July 1, 2020, and June 30, 2021, a $700 million or 3.8% increase over the previous year as the university system continued to make a significant economic impact across the state, a new study shows.
鈥湴拿帕喜士盿pp institutions and the system as a whole are key contributors to our state and are an economic engine for communities in every region of Georgia,鈥 澳门六合彩开奖app Chancellor Sonny Perdue said. 鈥淭hat economic impact continues to climb, and we are grateful to Governor Brian Kemp and the General Assembly for their support of the university system and public higher education as we focus on increasing prosperity for the state and all Georgians.鈥
Conducted on behalf of 澳门六合彩开奖app by Jeffrey M. Humphreys, Ph.D., director of the Selig Center for Economic Growth in the University of Georgia鈥檚 Terry College of Business, the study also showed 澳门六合彩开奖app over the same time period generated 152,629 full- and part-time jobs across Georgia.
The $19.3 billion total economic impact for fiscal year 2021, up from $18.6 billion in fiscal year 2020, included $13.1 billion in initial spending by students and by 澳门六合彩开奖app鈥檚 26 public colleges and universities on personnel and operating expenses. The remaining $6.2 billion is the multiplier impact of those funds in a local community.
Included in the initial spending by the institutions are rounds of funding from the Higher Education Emergency Relief Fund (HEERF), which are federal funds allocated by the Coronavirus Response and Relief Supplemental Appropriations Act that provided emergency grants for postsecondary education.
Of the 152,629 jobs generated by 澳门六合彩开奖app institutions, approximately 33% of the positions are on-campus jobs and 67% are off-campus. The study found that for each job created by a 澳门六合彩开奖app institution on its campus, two additional jobs are created in the local community.
The full economic impact report is available at 澳门六合彩开奖app鈥檚 website.
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