The University of Washington generates $12.5 billion a year in economic activity and supports 79,331 direct and indirect jobs in the state of Washington, according to a new economic impact report released Thursday by an independent research firm.
Here are a few of the highlights of UW’s annual impact on the state economy:
$12.5 billion in total economic impact generated by the UW in the state of Washington.
$565.7 million in tax revenue to state and local governments, including sales, property and business tax payments.
The UW is the third-largest non-federal employer in the state of Washington. The UW supports 79,331 jobs across the state, including 45,330 related to UW Medicine.
Take a closer look at the UW’s new statewide Economic Impact Report to see what the impact means right in your own backyard.
Read more at UW Today.