Summer 2013 - Oregon State Library: State Employee Information ...

POWERING OREGON’S ECONOMY
What does the presence of the University of Oregon mean for the state of Oregon and the people who live here?
While it is difficult to put a price tag on a student understanding a sonnet or a chemical formula, or to value the selfconfidence
or passion for learning that a student might gain from such an accomplishment, it is possible to gather hard
data that illustrate how the UO is a key driver of the Oregon economy. Some of those figures are presented here.
Billions for Oregon
Creating Jobs, Generating Revenue
Employment With about 15,500 full- and parttime
jobs, the university’s employees had $19.5
million withheld from their paychecks for state
income taxes. When indirect job creation and
support is calculated, household earnings derived
from more than 25,000 full- and part-time jobs
supported by the UO totaled $815 million.
JOBS
25K Jobs
$815M Income
TOTAL SPENDING
• UO
• Student
• Visitor
• Construction
= $1.2B
Direct Spending
The UO, students,
visitors, and building
projects accounted
for adding more
than $1.2 billion to
the state’s economy
last year.
Spent and
Respent Money
directly related
to UO activity
continues to
circulate throughout
the state’s economy,
registering a total
effect of $2.6 billion.
$44M
Revenue
associated
with the UO
$44.8M
State
appropriation
to the UO
On Balance UOrelated
tax revenues
that go to the state
offset 98 percent of
funding received by
the university as its
state appropriation.
TOTAL ECONOMIC
IMPACT ON STATE
$2.6B
SOURCES: “POWERING THE STATE’S ECONOMY 2013” AND “THE ECONOMIC IMPACT OF THE UNIVERSITY OF OREGON FY2011–12 (UPDATE)” BY TIM DUY,
MS ’98, PHD ’98. DUY IS PROFESSOR OF PRACTICE IN THE UO DEPARTMENT OF ECONOMICS AND THE DIRECTOR OF THE OREGON ECONOMIC FORUM.
14 OREGON QUARTERLY | SUMMER 2013