Economic Growth Analysis


College Operations

  • Direct income of faculty and staff wages, college’s purchases for supplies and services.
  • Adjusted gross impacts to reflect local monies withdrawn from the economy
  • Adjusted for alternative uses of funds.
  • $16.8 million net contribution to regional income

 

Spending of Students from outside our region

  • Total spending by students from outside the region while attending CWC.
  • Adjusted downward to account for leakage
  • $4.5 million net contribution to regional income

 

Productivity effects of past and present students

  • Higher income of former students who are still active in the regional workforce
  • Adjusted for time value effects
  • $63 million net contribution to regional income

 

Grand Total $84.3 million which is 2.6 percent of the service region’s $3.3 billion total income.
 

 
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