经济的影响 Study

Summary of 经济的影响 Impact

Campbellsville University is a comprehensive Christian university located in Campbellsville, Kentucky offering non-credit technical programs, along with certificates, 的同事, undergraduate and graduate programs. In addition to the main campus located in Taylor County, Campbellsville University operates eight regional education centers and instructional sites that enable 学生s 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 Campbellsville University’s main campus as well as the regional centers located throughout Kentucky. Campbellsville University generates economic impact from ongoing operations, related activities and investments in capital improvement projects. Economic impact is also generated by 学生 and visitor spending in the local economy.

The total annual economic impact of Campbellsville University including the regional education centers on the Commonwealth of Kentucky is $200 million. 在总, the University and all related operations support approximately 2,000 工作 directly or indirectly. Wages paid to these 工作 total $87.2 million generating an estimated $7.6 million in state and local taxes annually.

What Generates the Impact?

Multiple activities generate Campbellsville University’s impact on the economy.

University Operations

• 工资
• 购买
• 资本投资

University Contractors

• 食品服务
• Other providers of service on campus

Student and 访问or Spending

• 购买 made by 学生s and visitors from Taylor County Businesses

影响的定义

直接就业

Jobs directly employed by Campbellsville University or their campus contractors.

间接就业

Jobs that are supported in the local economy because of Campbellsville University operations.

经济的影响

Dollars that flow through the local economy each year because of Campbellsville University. This reflects local university, 学生, 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.

在这项研究中,  economic impact is measured in terms of dollar value of total economic output, 工作, 工资, and local tax revenues generated as a result of the business activities related to the operations of Campbellsville University. 从这项研究中, policy makers and planners can gain a systematic understanding of the overall economic impact Campbellsville University 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, 并应用于, 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.