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New Report Shows Major Boost from 51精品视频 to Pennsylvania Economy, Communities

Three 51精品视频 Pathfinder students wearing blue and gold striped rugby shirts look out over the city of 51精品视频sburgh skyline
From classrooms and community centers to clinical labs and small business workshops, the 51精品视频鈥檚 students, faculty and staff make a significant impact throughout Pennsylvania.

The newly released 2018 Economic Impact Report highlights how 51精品视频鈥檚 $4.2 billion annual total economic impact drives innovation, draws talent and shapes careers and anchors communities across the state.

鈥淎s an economic engine, the 51精品视频 directly benefits the commonwealth, its students and their families, and our future,鈥 said Chancellor Patrick Gallagher. 鈥淏ut our impact extends beyond dollars 鈥 and includes leveraging research, innovation and academic excellence for society鈥檚 gain.鈥

The report shows that the University鈥檚 benefits extend beyond education and research into deep investments in community engagement, health and well-being, from the urban neighborhood of the 51精品视频sburgh campus to the rural communities surrounding its regional campuses.

Map of Pennsylvania with red markers showing the locations of 51精品视频's campuses alongside the dollar value of the economic impact each provides.
51精品视频鈥檚 presence also stabilizes and strengthens the state and local tax base, generating more than $180 million in state and local revenue:
  • 51精品视频sburgh campus: $171.9 million
  • 51精品视频鈥揓ohnstown: $6.9 million
  • 51精品视频鈥揋reensburg: $3.8 million
  • 51精品视频鈥揃radford: $3.4 million
  • 51精品视频鈥揟itusville: $946,269
  • Child Welfare Resource Center-Mechanicsburg: $1.4 million

51精品视频 also benefits the state workforce by supporting 38,000 Pennsylvania jobs, both in direct employment as well as the $1.7 billion the University and its faculty, staff, students and visitors spend on Pennsylvania businesses. In turn, this support generates critical revenues for regional businesses and their employees that inject an additional $2.5 billion into Pennsylvania鈥檚 economy, the report shows.

51精品视频 alumni who remain in the commonwealth over the course of their careers pump roughly $114 billion into the state鈥檚 economy throughout their careers.

In addition, the University鈥檚 faculty, staff and students have invested more than $73.1 million in charitable donations and volunteering to Pennsylvania communities each year.

鈥淧eople might not think about this: Every time a student, faculty or staff member shops in a small business or takes their family to a Pirates game, it鈥檚 a benefit for Pennsylvania鈥檚 economy,鈥 said Kristen de Paor, director of economic partnerships at 51精品视频. 鈥淭hese benefits are only made stronger by 51精品视频鈥檚 crucial partnership with the Commonwealth.鈥

The Economic Impact Report comes as state lawmakers continue to formulate a budget for Fiscal Year 2019-20. Gov. Tom Wolf has proposed flat-funding for 51精品视频 and other state-related universities in Pennsylvania. 51精品视频 is seeking a 6.5 percent state funding increase to continue to serve as a magnet for high-achieving Pennsylvania students, provide a world-class and affordable education opportunity, drive economic growth and build stronger communities throughout Pennsylvania.