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ECONOMIC IMPACT AND BENEFIT/ COST ANALYSIS OF NON-RESIDENT GRADUATE STUDENTS AT FSU AND ACROSS THE SUS COMPLETED BY: DR. TIM LYNCH WITH ASSISTANCE FROM:

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Presentation on theme: "ECONOMIC IMPACT AND BENEFIT/ COST ANALYSIS OF NON-RESIDENT GRADUATE STUDENTS AT FSU AND ACROSS THE SUS COMPLETED BY: DR. TIM LYNCH WITH ASSISTANCE FROM:"— Presentation transcript:

1 ECONOMIC IMPACT AND BENEFIT/ COST ANALYSIS OF NON-RESIDENT GRADUATE STUDENTS AT FSU AND ACROSS THE SUS COMPLETED BY: DR. TIM LYNCH WITH ASSISTANCE FROM: AARON SMALLWOOD, ABD MARY BARNES, ABD CENTER FOR ECONOMIC FORECATING AND ANALYSIS INSTITUTE FOR SCIENCE AND PUBLIC AFFAIRS FSU

2 HOW MANY NON-RESIDENT FSU GRADUATES STAY IN FLORIDA AND WHAT ARE THEIR AVERAGE EARNINGS?

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6 WHERE DO THESE FORMER NON-RESIDENTS WORK?

7 DISTRIBUTION OF DIRECT EMPLOYMENT WAGES OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999

8 DISTRIBUTION OF DIRECT EMPLOYMENT WAGES OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999 (SAME FIG AS BEFORE SCALED TO SIZE OF CIRCLE) TOTAL OF $17,567,556 IN SALARIES CREATED BY EMPLOYMENT OF FORMER FSU OUT-OF- STATE GRADUATE STUDENTS IN FLORIDA IN 1999

9 NUMBER OF FORMER FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS WORKING IN FLORIDA IN 1999 TOTAL OF 574 FORMER FSU OUT-OF- STATE GRADUATE STUDENTS EMPLOYED STATEWIDE IN FLORIDA IN 1999

10 WHAT ARE THE ECONOMIC IMPACTS OF THESE WORKING FORMER NON- RESIDENT FSU GRADUATE STUDENTS?

11 ANNUAL AVERAGE LIFETIME DIRECT AND INDIRECT EARNINGS IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999 TOTAL NPV OF $71.6 MILLION IN STATE EARNINGS ACROSS FLORIDA CREATED BY TOTAL LIFETIME ECONOMIC ACTIVITY OF FORMER FSU OUT-OF- STATE GRADUATES EACH YEAR

12 ZIP CODE IMPACTS TOTAL NPV OF $88.2 MILLION IN STATE ECONOMIC OUTPUT ACROSS FLORIDA CREATED BY TOTAL LIFETIME ECONOMIC ACTIVITY OF FORMER FSU OUT-OF- STATE GRADUATES EACH YEAR NET PRESENT VALUE OF LIFETIME ECONOMIC OUTPUT IMPACT OF AVERAGE ANNUAL FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999 DOLLARS

13 COUNTY IMPACTS TOTAL NPV OF $88.2 MILLION IN STATE ECONOMIC OUTPUT ACROSS FLORIDA CREATED BY TOTAL LIFETIME ECONOMIC ACTIVITY OF FORMER FSU OUT-OF- STATE GRADUATES EACH YEAR NET PRESENT VALUE OF LIFETIME ECONOMIC OUTPUT IMPACT OF AVERAGE ANNUAL FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA IN 1999 DOLLARS

14 WHAT ARE THE NUMBER AND LOCATION OF FULL TIME JOBS CREATED BY THE LIFETIME EARNINGS OF FLORIDA EMPLOYED FORMER FSU NON- RESIDENT GRADUATES?

15 ANNUAL NUMBER OFTOTAL JOBS CREATED BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA

16 ANNUAL AVERAGE NUMBER OF TOTAL JOBS CREATED BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA TOTAL OF 1,971 NEW JOBS ACROSS FLORIDA CREATED BY ECONOMIC IMPACT OF FORMER FSU OUT-OF- STATE GRADUATE STUDENTS EMPLOYED STATEWIDE IN FLORIDA IN 1999

17 ANNUAL NUMBER OFTOTAL JOBS CREATED IN CENTRAL FLORIDA BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA

18 ANNUALNUMBER OF TOTAL JOBS CREATED IN SOUTH FLORIDA BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA

19 ANNUAL NUMBER OF TOTAL JOBS CREATED IN NORTH FLORIDA BY THE LIFETIME ECONOMIC IMPACT OF FLORIDA STATE UNIVERSITY FORMER OUT-OF-STATE GRADUATE STUDENTS STILL WORKING IN FLORIDA


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