Last updated: March 04. 2014 9:26AM - 129 Views

Story Tools:

Font Size:

Social Media:

CLEMSON — Clemson University generated approximately $1.9 billion in economic output for South Carolina last year and its activities accounted for nearly 25,000 jobs, according to a new study.


It showed Clemson’s net impact on state government revenue was $81.8 million more than its state appropriation, and its net return to local governments was $128.2 million.


In the Greenville-Spartanburg-Anderson Combined Statistical Area (CSA), Clemson University’s economic impact was $1.647 billion in 2013, the study shows. It generated 21,454 jobs, $874 million in disposable income and $106.1 million for local governments. The Greenville CSA includes Greenville, Spartanburg, Anderson, Pickens, Laurens and Union counties.


In the tri-county region of Anderson, Oconee and Pickens, Clemson’s economic output was $896.9 million. It generated 13,315 jobs and disposable income of $587.1 million. Local governments netted $65.6 million in revenue.


Clemson’s Public Service Activities, which includes the Cooperative Extension Service, accounted for 1,873 jobs statewide, $145.8 million in economic output, $10.5 million in net local government revenue and $14.2 million in net state revenue;


Athletics – including capital expenditures, operations and spending by visitors to events – generated 3,024 jobs, $204.7 million in total economic output, $101.7 million in disposable income, $16.9 million in net state revenue and $12.4 million in net local revenue; and


The Clemson Conference Center and Inn, which comprises the Madren Conference and Continuing Education Center, the Walker Golf Course and the Martin Inn, created 284 jobs, $14.17 million in economic output, $6.5 million in disposable income, $846,000 in net local government revenue and $1,146 million in net state government revenue statewide.


He said it does not include the impact of nearly 60,000 Clemson alumni who live in the state; the jobs created by private companies located at innovation campuses in Greenville, Charleston and Anderson.

Comments
comments powered by Disqus


Featured Businesses


Poll



Mortgage Minute