Study: SPSU’s economic impact tops $222.7 million
July 16, 2013 11:42 PM | 1627 views | 0 0 comments | 36 36 recommendations | email to a friend | print
Special to the MDJ<br>
Southern Polytechnic State University’s impact on Cobb County in 2012 totaled more than $222.7 million, according to a newly released study by the Board of Regents of the University System of Georgia.
Special to the MDJ
Southern Polytechnic State University’s impact on Cobb County in 2012 totaled more than $222.7 million, according to a newly released study by the Board of Regents of the University System of Georgia.
slideshow
From staff reports

MARIETTA — Southern Polytechnic State University’s impact on Cobb County in 2012 totaled more than $222.7 million, according to a newly released study by the Board of Regents of the University System of Georgia.

The previous report, based on Fiscal 2011 data, placed SPSU’s economic impact at more than $198 million. This year’s data represent a 12 percent increase in the university’s economic impact over the last 12 months and an almost 16 percent increase in the last 24 months.

The numbers from the report were calculated based on sales, gross regional product, income and full- or part-time jobs during the period of July 1, 2011, through June 30, 2012.

SPSU provides an economic influence to its surrounding community, contributing more than 2,000 jobs and adding millions of dollars to the local and regional economy in personal services, construction expenditures and student spending.

The study determined that the economic impact to the state of all 31 of Georgia’s public colleges and universities totaled $14.1 billion in Fiscal 2012. The study also indicated that Georgia’s public higher education system generated almost 139,270 full- and part-time jobs or 3.6 percent of all the jobs in Georgia.

The Board of Regents commissioned the Selig Center for Economic Growth in the University of Georgia’s Terry College of Business to analyze the data collected. The full study with data for all 31 USG institutions is available at http://www.usg. edu/economic_development/documents/. usg_Impact_fy2012.pdf.
Comments
(0)
Comments-icon Post a Comment
No Comments Yet
*We welcome your comments on the stories and issues of the day and seek to provide a forum for the community to voice opinions. All comments are subject to moderator approval before being made visible on the website but are not edited. The use of profanity, obscene and vulgar language, hate speech, and racial slurs is strictly prohibited. Advertisements, promotions, and spam will also be rejected. Please read our terms of service for full guides