- Associated Press - Saturday, January 30, 2016

LINCOLN, Neb. (AP) - The University of Nebraska adds $3.9 billion to the state’s economy every year - or $10.7 million a day - according to a new study.

The report by Pittsburgh firm Tripp Umbach says that among the 35,000 university-related jobs in the state, 16,000 are direct university jobs while 19,000 have “spun-off” to support university activities, the Lincoln Journal Star reported (https://bit.ly/23A6Ywp ).

The report also says 1 in 36 jobs in the state is the result of NU activities and that the university system touches every industry in the state. It goes on to estimate that every dollar spent by the university system added 86 cents to the state’s economy. It determined that figure by studying how NU spending affected 400 industry categories unique to Nebraska.

The report was commissioned by the NU Board of Regents.

Regent Tim Clare of Lincoln said the university’s presence in all 93 Nebraska counties adds to its influence on the economy.

“We all believe in the university and believe in the impact it has on the state’s economy,” Clare said. “It’s the partnerships we’re fostering with the private sector and city governments and counties that really drives the state’s economy forward.”

“We’re going to continue to foster those relationships and go places the state’s never been before,” he said.


Information from: Lincoln Journal Star, https://www.journalstar.com

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