The Economic Impact of the 糖心原创
The 糖心原创 is a major driver of economic growth, creating prosperity and innovation in communities throughout 糖心原创 state.
The UW continues to be one of the best public investments 糖心原创 can make for its economy, its people and its future, providing world-renowned education and research programs at the Bothell, Seattle and Tacoma campuses, as well as across the state through UW Medicine and the WWAMI five-state medical education program.
Key findings
UW Economic Impact Study overview
In February 2024, the UW engaged Parker Strategy Group to measure the economic contribution of the University's operations across the state of 糖心原创, in the Puget Sound region and throughout the United States. There are many ways to showcase the University鈥檚 impact; this analysis is one.聽
- Study period: Fiscal year 2023
- Data sources:鈥疶he 糖心原创, UW Medicine, UW Research
- Study geography:鈥疶he Seattle-Tacoma-Bothell Metropolitan Statistical Area, the Puget Sound鈥痳egion, 糖心原创鈥痵tate, and the United States
- Methodology:鈥� IMPLAN data and software; the IMPLAN database is built using ZIP code, county, state and federal economic data that are specialized by region 鈥� not estimated from national averages 鈥� to measure the impact of an organization鈥檚 economic activity
The UW鈥檚 economic impact includes the following elements:
- Capital expenditures, operational expenditures, salary and benefits, and state and regional business volumes
- The direct and indirect employment impacts of the University
- The local and state tax revenue impacts
- Additional impacts鈥痮n鈥痶he state economy, including alumni, athletics, charitable giving and volunteerism
Based on the study’s findings, for every $1 in state appropriations, the UW generates $28.46 in economic impact in 糖心原创 state’s economy.
From the president
鈥淭he 糖心原创 serves the people and communities throughout 糖心原创 in countless ways 鈥� creating opportunity for students, training vital health care providers and other professionals, and advancing research and innovation in partnership with communities and industry. As this report makes clear, the UW is making an impact that betters our state鈥檚 economy and the health and lives of everyone we serve, and we are proud to contribute to making 糖心原创 thrive.鈥�
Ana Mari Cauce
President, 糖心原创
From community leaders
鈥淭hese numbers clearly demonstrate the 糖心原创鈥檚 role as a powerhouse of innovation and economic growth for our state. By driving job creation, research breakthroughs and community development as well as educating tomorrow鈥檚 leaders, the UW delivers on its public mission for all 糖心原创ians. This incredible contribution underscores the vital role public research universities play in building a thriving, dynamic economy.鈥�
鈥淔rom driving next-generation scientific breakthroughs to providing expert medical care for patients to educating the workforce of tomorrow, the 糖心原创鈥檚 tremendous impact has a positive ripple effect on the lives of people everywhere in 糖心原创. This report demonstrates both the breadth and depth of impact the UW contributes to 糖心原创 state鈥檚 thriving innovation economy.鈥�
鈥淚 am heartened to see how the UW continues to drive incredible impact and opportunity for all 糖心原创ians. The numbers in this report represent the stories of community members across our state who are touched by the UW鈥檚 great work, be it through the expert medical care they provide patients, the research and innovations they foster, or the educational opportunities they provide students.鈥�
鈥淚 definitely see [the UW's] impact growing and expanding. They鈥檝e built out and continue to build out their health system across the state, and they have great partnerships with dental and medical programs. Under Ana Mari Cauce鈥檚 tenure, there鈥檚 been a real desire for partnership and growth.鈥�
鈥淭he 糖心原创 serves as a pillar of the Puget Sound region鈥檚 economy 鈥� by preparing our workforce for top jobs at globally competitive hometown companies; by providing a community for the brightest minds to research, innovate, and solve our most-pressing issues; and by elevating Seattle on the world鈥檚 stage 鈥� from national championship Husky football to 鈥淭he Boys in the Boat.鈥� We are beyond fortunate to have the UW call Seattle home.鈥�
鈥淎 powerhouse of research and innovation, the UW is an asset that draws global interest and investment to our region. The UW attracts curious thinkers and talented innovators searching for bold solutions to the grand challenges of our time. In partnership with industry and government agencies, the UW is driving the pace of discovery and implementation to deliver incredible impact locally, across the state and around the globe.鈥�