十大足彩平台 and Northwest Technical College have a combined impact of over $310 million on Minnesota’s economy.

An economic impact study on the 明尼苏达州 system of 26 state colleges and seven state universities, released in January 2023, has found that 十大足彩平台 and Northwest Technical College combine to contribute an estimated total of $310.4 million and more than 2,200 jobs to Minnesota’s economy each year.

了解更多: 帕克飞利浦的完整信息表 (11 MB PDF)

As this report shows, each dollar the state invests into 明尼苏达州 institutions like 十大足彩平台 and Northwest Technical College induces over $310 million in economic activity in the state,” Dr. John L. Hoffman, president of 十大足彩平台 and Northwest Technical College, said. “That’s a huge multiplier effect and an essential key to our future.”

The study was commissioned by 明尼苏达州 and was conducted by 帕克飞利浦, a nationally recognized consulting firm specializing in economic impact analysis.

“An economic contribution analysis is an objective way to measure the significance of an organization in the regional economy; it is a tool that policy makers can use to inform their decisions,” said Nichole Parker, a principal partner at 帕克飞利浦.

该研究考虑了运营、薪酬、福利和资本项目的直接支出,以及供应或支持BSU和NTC的工业部门对商品和服务需求的估计增长。 该研究还测量了学生支出的影响和家庭收入增加的诱导效应。

According to the study, this economic activity has a direct impact on the state’s labor market, as BSU and NTC either support or sustain an estimated total of 2,277 jobs in Minnesota. 这些工作包括BSU和NTC直接雇用的人员,以及供应和设备供应商,承包商和工人为设施的建设和翻新创造的间接或诱导就业机会,以及为支持BSU/NTC教职员工,学生和游客而在社区的酒店,餐馆和零售商店创造的就业机会。

The study also estimated that state and local tax revenues generated by this level of economic activity — which include sales, property, personal income and corporate income taxes — totaled about $22.5 million.

该研究进一步估计了BSU和NTC授予的学位每年在其1200多名毕业生的职业生涯中所带来的生产力增长的价值。 假设工作40年,这些毕业生所接受的教育将为国家带来额外的收入,未来价值将达到248亿美元。 未来价值被调整为考虑诸如上学和迁出州时放弃的收入等因素。

“The 32,000 BSU and NTC alumni living in Minnesota each contribute nearly $20,000 of economic activity in the state each year. Even more staggering is their collective impact on Minnesota’s economy throughout their careers — nearly $25 billion. This demonstrates the value that a well-trained, skilled and highly educated workforce delivers to the state’s workforce,” Hoffman said.

In total, Parker Phillips’ study estimated the combined impact of 明尼苏达州’s 26 colleges and seven state universities, plus the spending of its faculty, staff and students, is approximately $8.4 billion per year, which generates an estimated 62,125 Minnesota jobs.

An individual contribution report for BSU and NTC, along with complete results of the study, are available at MinnState.edu/IMPACT.