Ohio University's economic benefit in 2012: $1.5B

Stefanie Botelho's picture

There were a number of indicators that the university’s consultant used to determine its impact — including expenditures, such as payroll, food and material purchases, and revenues. Ohio University President Roderick J.McDavis said university events that bring in outsiders to local hotels and restaurants also are part of that impact.

“When you tally all of that up throughout the course of the year and then you’re looking in six different communities across Southeast Ohio, that’s where the $1.5 billion comes into play,” he said.

Looking at the Lancaster regional campus specifically, it has a $32 million impact, with a $2.8 million impact on state and local taxes, according to the report.

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