Arizona public universities generate billions in economic impacts

Category: News
Published: 2019-02-14

ARIZONA – A first-of-its-kind study reveals that the economic and fiscal impacts of Arizona’s public universities total billions of dollars each year.

The Arizona Public University Enterprise, which includes Northern Arizona University, Arizona State University and the University of Arizona, created more than 84,000 jobs, US$4.6 billion in wages, US$6 billion in value added and US$11.1 billion in total economic output in the 2017 fiscal year, the study shows.

“Through education, research and service, Arizona’s public universities are fueling the state’s economy,” Arizona Board of Regents Executive Director John Arnold said in a statement.

In the 2017 fiscal year, NAU contributed nearly 10,000 jobs, US$228.6 million in wages and US$90.3 million in economic impact from research.