Across its three campuses, the Ģ����Ƶ generated a total impact on the state’s economy of $20.9 billion in fiscal year 2023, according to an economic contribution analysis released today. The study further concludes that the economic activity of the Ģ����Ƶ system supported or sustained 111,951 jobs statewide.��

“These numbers clearly demonstrate the Ģ����Ƶ’s role as a powerhouse of innovation and economic growth for our state,” said Gov. Jay Inslee. “By driving job creation, research breakthroughs and community development as well as educating tomorrow’s leaders, the Ģ����Ƶ delivers on its public mission for all Washingtonians. This incredible contribution underscores the vital role public research universities play in building a thriving, dynamic economy.”��

The analysis shows that the economic contribution of the Ģ����Ƶ has increased over the past decade: The analysis shows that the economic contribution of the Ģ����Ƶ has increased over the past decade rising from $15.7 billion in 2018-2019 to $20.9 billion in 2023-2024. Similar reports in 2015 valued the Ģ����Ƶ’s impact at $12.5 billion, and $9.1 billion in 2009. ����

“The Ģ����Ƶ serves the people and communities throughout Washington in many ways: creating opportunity for students, training vital health care providers and other professionals, and advancing research and innovation in partnership with communities and industry,” said Ģ����Ƶ President Ana Mari Cauce. “As this report makes clear, the Ģ����Ƶ is making an impact that betters our state’s economy and improves the health and the lives of everyone we serve. We are proud to contribute and to help make all people in Washington thrive.”��

The study measured the economic contribution of Ģ����Ƶ operations including its campuses and projects in the Puget Sound region, Seattle-Tacoma-Bellevue Metropolitan Statistical Area, and across the state of Washington. The study provides individual impact analyses of Ģ����Ƶ Medicine, the five-state WWAMI Medical Education Program, Ģ����Ƶ research, Intercollegiate Athletics, Ģ����Ƶ alumni and CoMotion, a collaborative innovation hub dedicated to expanding the economic and societal impact of the Ģ����Ƶ community.����

The study was conducted by Parker Strategy Group, formerly a part of Parker Philips, a nationally recognized consulting firm specializing in economic impact analysis.����

“The Ģ����Ƶ continues to grow its impact year over year in the city and the state. Continued economic growth is not a foregone conclusion for colleges and universities across the U.S. Once again, the Ģ����Ƶ shows that it is a sustainable economic driver that is making a significant economic and societal impact on Washington,” said Nichole Parker, managing principal of Parker Strategy Group.��

Among the findings in the study:��

• The $20.9 billion total economic impact of the Ģ����Ƶ in fiscal year 2023. That figure included $10.3 billion direct and $10.6 billion indirect and induced spending. The total, was the result of operational, student, visitor and capital spending (three-year average), and payroll and benefits paid to employees.��

• As a result of Ģ����Ƶ’s expenditures and student and visitor spending, the University supported or sustained a total of 111,951 jobs — one out of every 34 jobs in the state.��

• Through its local spending and the jobs it supported or sustained, the Ģ����Ƶ generated $962.6 million in state and local taxes.��

• Ģ����Ƶ staff, faculty and students contribute an estimated $66.4 million annually in charitable giving and volunteerism.��

• The Ģ����Ƶ supported or sustained $1 out of every $32 in Washington’s economy.��

A large portion of the Ģ����Ƶ’s overall effect on the state’s economy is attributed to Ģ����Ƶ Medicine, which has an annual economic impact of $12.5 billion, supports or sustains 60,717 jobs and generates $588.3 million in state and local tax revenue. Beyond the medical and social impact of this integrated health system, Ģ����Ƶ Medicine connects residents with a top-rated medical school and an internationally recognized research organization. The study shows that Ģ����Ƶ Medicine’s impact continues to grow.��

Ģ����Ƶ’s research enterprise continues to be a driver of impact and discovery. The Ģ����Ƶ’s $1.87 billion in sponsored research drives $2.6 billion of Ģ����Ƶ’s overall impact. The Ģ����Ƶ receives more federal research dollars than any other U.S. public university, according to the National Science Foundation’s . ��

The study also analyzed the individual impact of the Ģ����Ƶ Bothell and Ģ����Ƶ Tacoma campuses, both of which make a major impact on the communities they serve and the state of Washington. Both campuses show an increase of jobs and impact in the five years since the previous economic impact study. Ģ����Ƶ Bothell’s fiscal year 2023 economic impact totaled $394.2 million in the state of Washington, with 2,539 jobs supported or sustained. Ģ����Ƶ Tacoma in fiscal year 2023 accounted for a $359 million impact in the state of Washington and supported or sustained a total of 2,277 jobs.��

In addition to the impact of campus operations, the report also found that the income being added into the economy as a result of graduates obtaining post-secondary education creates impact at the household, community and statewide level. In academic year 2023, the Ģ����Ƶ conferred over 7,000 bachelor’s, master’s, doctoral and professional degrees. The total number of alumni living and working in the state totals 375,625, a group which will generate $454.6 billion over their careers supporting and sustaining 2 million jobs.��

For more information, contact Victor Balta at balta@uw.edu.����

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Across its three campuses, the Ģ����Ƶ generated a total impact on the state’s economy of more than $15.7 billion in FY 2018, according to an economic contribution analysis released today. The study further concludes that the economic activity of the Ģ����Ƶ system supported or sustained 100,520 jobs throughout the state.

The analysis shows that the economic contribution of the Ģ����Ƶ has increased significantly over the past decade: Since 2009, the impact has increased by 55%, rising from $9.1 billion to $15.7 billion.

“The positive ripple effect of the Ģ����Ƶ generates a tremendous impact on the lives of all Washingtonians,” said��Governor Jay Inslee. “These numbers are a testament to the economic engine fueled by the Ģ����Ƶ, and the stories behind those numbers reflect the power of the people, businesses, research and innovation that contribute to and are supported by the Ģ����Ƶ and will continue to impact our state for generations.”

The study measured the economic contribution of Ģ����Ƶ operations including its campuses and projects across the state of Washington, in the Puget Sound region and in the cities of Seattle, Bothell and Tacoma. The study provides individual impact analyses of Ģ����Ƶ Medicine, Ģ����Ƶ Research, Intercollegiate Athletics, alumni of the University and CoMotion, a collaborative innovation hub dedicated to expanding the economic and societal impact of the Ģ����Ƶ community.

“The Ģ����Ƶ’s mission is to serve the public, a commitment that we honor in countless ways — by creating access to excellence for all Washington students and families, by attracting some of the world’s most talented educators, innovators, health-care providers and researchers to advance discovery, and by bettering communities across the state,” said Ģ����Ƶ President Ana Mari Cauce. “We are proud to contribute to Washington’s thriving innovation economy, and we seek to be measured by the positive impact that we create in the world.”

The study was conducted by Parker Philips, a nationally recognized consulting firm specializing in economic impact analysis. Nichole Parker, a principal partner at Parker Philips, said, “Economic contribution is an objective way to measure the significance of an organization in the regional economy. It is a tool that policymakers can use to inform their decisions and empirical context that shows the impact of the institution. The Ģ����Ƶ is a sustainable economic driver that is making a demonstrable impact on Washington.”

Among the findings in the study:

• The $15.7 billion total economic impact of the Ģ����Ƶ in FY 2018, which included $7.8 billion direct and $7.9 billion indirect and induced spending, was the result of operational spending, capital spending (three-year average), payroll and benefits paid to employees, student spending and visitor spending.
• The operations of the Ģ����Ƶ supported or sustained a total of 100,520 jobs — one out of every 37 jobs in the state.
• Through its local spending and the jobs it supported or sustained, the Ģ����Ƶ generated $752.7 million in state and local taxes.
• The staff, faculty and students of the Ģ����Ƶ contribute an estimated $61.9 million annually in charitable giving and volunteerism.
• The Ģ����Ƶ supported or sustained $1 out of every $37 in Washington’s economy.

A significant portion of the Ģ����Ƶ’s overall effect on the state’s economy is attributed to Ģ����Ƶ Medicine, which has an annual economic impact of��$8 billion, supports or sustains��51,489 jobs and��generates $330.2��million in state and local tax��revenue. Beyond the medical and social impact of this integrated health��system,��Ģ����Ƶ Medicine provides a unique impact to the residents of the Pacific Northwest, because it connects residents with a top-rated medical school and an��internationally recognized research organization. The study shows that the Ģ����Ƶ Medicine impact is significant and rising.

The study also analyzed the individual impact of the Ģ����Ƶ Bothell and Tacoma campuses, both of which make a significant impact on the communities they serve and the state of Washington. Both campuses show an increase of jobs and impact over the previous economic impact study completed. Ģ����Ƶ Bothell’s FY 18 economic impact totaled $341.8 million on the state of Washington, with 2,322 jobs supported or sustained. Ģ����Ƶ Tacoma in FY 18 accounted for a��$313.5 million impact in the state of Washington and supported or sustained a total of��2,064 jobs.

In addition to the significant impact of campus operations, the report also found that the income being added into the economy as a result of graduates obtaining post-secondary education is significant. In FY 2018, the Ģ����Ƶ conferred nearly 17,000 bachelor’s, master’s, doctoral and professional degrees. The total number of alumni living and working in the state is more than 363,000, a group which will generate $328.1 billion over their careers.

For more information, contact Victor Balta at 206-543-2580 or balta@uw.edu.

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