Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Penn State New Kensington was responsible for nearly $73 million of that amount and nearly 350 jobs in the region.In an independent report released April 23, data show that Penn State not only is fueling the growth of Pennsylvania by directly generating nearly $8.5 billion in economic impact but also influences an additional $8.7 billion through business services, research commercialization and the activities of alumni. (more)
Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Penn State Harrisburg was responsible for $135.1 million of that amount and a direct employment impact of 656 jobs coupled with an indirect impact of 780 more. (more)
Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Penn State Brandywine, located in Middletown Township, was responsible for $105 million of that amount and approximately 421 jobs in the region.
In an independent report released April 23, data show that Penn State not only is fueling the growth of Pennsylvania by directly generating nearly $8.5 billion in economic impact but also influences an additional $8.7 billion through business services, research commercialization and the activities of alumni.
As the largest generator of total employment among nongovernmental entities, Penn State's operations and employment are only the first chapter in a powerful economic story that affects every community in the Commonwealth.
Penn State Brandywine is a strong partner in this region, working to benefit the citizens of Delaware and Chester counties and surrounding communities. As one of the top 10 employers in Delaware County, Penn State Brandywine makes significant contributions to the economic vitality of the region. (more)
McKeesport, Pa.-- Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Penn State Greater Allegheny was responsible for nearly $67 million of this amount and 439 jobs in the region.
In an independent report released April 23, data show that Penn State not only is fueling the growth of Pennsylvania by directly generating nearly $8.5 billion in economic impact but also influences an additional $8.7 billion through business services, research commercialization and the activities of alumni.
Penn State Greater Allegheny Chancellor Curtiss E. Porter points out, "Penn State students add millions of dollars to the Pennsylvania economy. Penn State students overall spent more than $932 million in the Commonwealth in 2008 and Penn State Greater Allegheny students were responsible for an excess of $12 million of that contribution."
Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Penn State York was responsible for more than $78 million of that amount and nearly 485 jobs in the region through its campus of more than 1,600 students.
In an independent report released April 23, data show that Penn State not only is fueling the growth of Pennsylvania by directly generating nearly $8.5 billion in economic impact but also influences an additional $8.7 billion through business services, research commercialization and the activities of alumni.
Penn State York's total business impact for 2008 was $78,012,401. Penn State York's spending for capital improvements, goods and services, and supplies for the year totaled $2,519,863; faculty, staff, and technical service employees spent $6,052,759; while students spent $19,396,239. In addition to the more than $19 million spent by Penn State York students, out-of-state visitors who attend conferences, sporting, cultural, and alumni events spent $9,985,811. Government revenue impact was $5,116,173. (more)
Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Penn State Worthington Scranton contributed $76.8 million of that amount and nearly 380 regional jobs.
In an independent report released April 23, data show that Penn State not only is fueling the growth of Pennsylvania by directly generating nearly $8.5 billion in economic impact but also influences an additional $8.7 billion through business services, research commercialization and the activities of alumni.
Penn State Worthington Scranton, with a student population of 1,379, contributed more than $57 million last year to Penn State's total business volume impact in Lackawanna, Pike, Susquehanna, Wayne and Wyoming counties. The University overall generated more than 2 percent of the state's business volume or more than $1 out of every $50 dollars in the state's total economy. (more)
Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Penn State Shenango was responsible for more than $45 million of that amount and nearly 199 jobs in the region.
In an independent report released April 23, data show that Penn State not only is fueling the growth of Pennsylvania by directly generating nearly $8.5 billion in economic impact but also influences an additional $8.7 billion through business services, research commercialization and the activities of alumni.
Penn State contributes in a variety of ways to the vitality of Pennsylvania's economy. According to the report, the University generated more than 2 percent of the state's business volume or more than $1 out of every $50 dollars in the state's total economy. In addition, Penn State leverages its state funding. For every dollar invested in 2008 by the Commonwealth to support the operations of Penn State, the University returned $25.06 in economic impact to Pennsylvania. (more)
Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Penn State Schuylkill was responsible for nearly $68.7 million of that amount and nearly 309 jobs in the region.
In an independent report released April 23, data show that Penn State not only is fueling the growth of Pennsylvania by directly generating nearly $8.5 billion in economic impact but also influences an additional $8.7 billion through business services, research commercialization and the activities of alumni.
Penn State students add millions of dollars to the Pennsylvania economy. Overall, University students spent more than $932 million in the Commonwealth in 2008 and Penn State Schuylkill students were responsible for more than $16.6 million of that contribution. Penn State employees contribute more than $805 million to the economy through their spending habits. Locally, Penn State Schuylkill employees contribute $3.6 million to that amount. (more)
Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Pennsylvania College of Technology was responsible for $482.5 million of that amount and nearly 3,600 jobs in the region.
In an independent report released April 23, data show that Penn State not only is fueling the growth of Pennsylvania by directly generating nearly $8.5 billion in economic impact but also influences an additional $8.7 billion through business services, research commercialization and the activities of alumni.
The four-month study by Pittsburgh-based Tripp Umbach indicates that Penn State's impact far outweighs other industries in the state. With the total direct, indirect and induced annual economic impact equaling more than $17 billion, the University currently creates more impact than the combined total impact of all of the state's airport hubs, professional sports teams, and arts and cultural organizations, by attracting nearly 1 million visitors and channeling more than $1.73 billion annually into Pennsylvania's economy.
Penn College, a special mission affiliate of Penn State committed to applied technology education, was third among 24 Penn State campuses in overall impact statewide. Penn College's total state business-volume impact for 2008 was almost $482.5 million; University Park (more than $4.4 billion) and Hershey Medical Center (nearly $1.6 billion) were higher. (more)
Penn State's impact extends well beyond its teaching and research. In fact, Penn State is Pennsylvania's largest economic engine, generating more than $17 billion a year in overall economic impact and supporting more than 67,000 jobs. Penn State New Kensington was responsible for nearly $73 million of that amount and nearly 350 jobs in the region.
In an independent report released April 23, data show that Penn State not only is fueling the growth of Pennsylvania by directly generating nearly $8.5 billion in economic impact but also influences an additional $8.7 billion through business services, research commercialization and the activities of alumni.
Penn State contributes in a variety of ways to the vitality of Pennsylvania's economy. According to the report, the University generated more than 2 percent of the state's business volume or more than $1 out of every $50 dollars in the state's total economy. Penn State New Kensington is a major cog in that economic engine. The 900-student campus contributes significantly to Penn State's total business volume impact in surrounding Armstrong, Butler, Indiana and Westmoreland counties. (more)
