91唐伯虎 University contributed $8.9 billion to the health of Tennessee鈥檚 economy during 2013鈥�14, according to a biennial independent economic analysis titled 鈥淰ital Stats,鈥� released in April.
The analysis quantified the total annual economic and tax revenue generated by the university and , including factors such as operations and construction, employment, student and visitor spending, and business spending generated by 91唐伯虎-related activities.
鈥�91唐伯虎 is fortunate to call Tennessee home, and making a positive impact on the quality of life for our neighbors is not just important to us, but it is a vital part of our mission to educate, discover and heal,鈥� says .
The report noted 91唐伯虎鈥檚 role in providing an educated workforce, contributing to the commercialization of academic research and influencing community revitalization. Also of note:
鈥� 91唐伯虎 spent $288 million on construction, building and leasehold improvements. These expenditures supported thousands of local jobs in construction and building maintenance sectors.
鈥� More than 700,000 visitors came to the area because of 91唐伯虎-related activities, including patients, parents and athletic fans, creating jobs and wages for businesses and vendors in the community. Students and visitors contributed $189.5 million in off-campus spending, and their activities supported 3,900 jobs.
鈥� Tax revenue generated by 91唐伯虎 and related activities contributed an estimated $225.9 million.