REPORT: Notre Dame has huge impact on local economy
Updated On: Sep 25 2013 09:15:54 PM CDT
A new report was released Wednesday showing the huge impact the University of Notre Dame has on the local economy.
According to the study conducted by New York-based consulting firm Appleseed, the university accounts for more than 13,700 jobs and nearly $1.17 billion in economic activity in St. Joseph County.
The university commissioned the study, which was based on school data, Visit South Bend-Mishawaka and other sources.
With 5,590 full- and part-time workers (excluding students and temporary workers) and a 2012 payroll of $422 million, Notre Dame is the largest employer in St. Joseph County.
The study shows between 2006 and 2011, Notre Dame's direct employment grew by 700, and the university averaged $95 million per year in construction, accounting for 211 full-time jobs with contractors in St. Joseph County and 115 full-time jobs with contractors from other Indiana counties.
In 2012, the university generated $92 million for the St. Joseph County area economy through the purchase of goods and services from local businesses.
The report also found Notre Dame accounts for more than $12 million in state and local tax revenues, while students account for $120 million of economic activity.
For more information, visit impact.nd.edu.
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