New study finds Auburn University has $6.3 billion impact on state of Alabama
AUBURN, Ala., Nov. 1, 2023 /PRNewswire/ -- Auburn University and its alumni make a $6.3 billion economic contribution to the state of Alabama, including creating more than 30,000 jobs in addition to university employment, according to a new study.
- AUBURN, Ala., Nov. 1, 2023 /PRNewswire/ -- Auburn University and its alumni make a $6.3 billion economic contribution to the state of Alabama, including creating more than 30,000 jobs in addition to university employment, according to a new study.
- The Auburn University Economic Impact Study's findings detail a 12% contribution increase by the university since the previous study that was released two years ago.
- The $6.34 billion impact is realized through two primary measures — $2.53 billion in direct and indirect economic impact combined with $3.81 billion in the earning power of its graduates who reside in the state.
- The latest study notes how Auburn continued its substantial contribution to the state even during the COVID-19 pandemic.