2016 Economic Impact Study

Consulting firm Economic Modeling Specialists Int. studied the overall economic impact of UW-Stout.
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Economic Impact Study

The University of Wisconsin-Stout commissioned the consulting firm Economic Modeling Specialists Int. to study the overall economic impact of our institution. The results are listed below. It should be noted, however, that this study varies from most others done for similar institutions because it measures the economic value of the skills our graduates bring to the workplace. The study also reveals what the return on investment is for our students and for the taxpayers.

Operations Spending Impact: $113.8 million

Payroll and benefits to support day-to-day operations of UW-Stout amounted to $93.5 million. The net impact of operations spending toward the university in the UW-Stout Service Area during the analysis year was approximately $113.8 million in added income, which is equivalent to supporting 1,566 jobs.

Student Spending Impact: $9.5 million

Around 54% of students attending UW-Stout originated from outside the region. Some of these students relocated to the UW-Stout Service Area to attend UW-Stout. In addition, some students are residents of the UW-Stout Service Area who would have left the region if not for the existence of UW-Stout. The money that these students spent toward living expenses in the UW-Stout Service Area is attributable to UW-Stout.

The expenditures of relocated and retained students in the region during the analysis year added approximately $9.5 million in added income for the UW-Stout Service Area economy, which is equivalent to supporting 230 jobs.

Visitor Spending Impact: $882.7 thousand

Out-of-region visitors attracted to the UW-Stout Service Area for activities at UW-Stout brought new dollars to the economy through their spending at hotels, restaurants, gas stations, and other regional businesses. The spending from these visitors added approximately $882.7 thousand in income for the UW-Stout Service Area economy, which is equivalent to supporting 30 jobs.

Alumni Impact: $147.7 million

Over the years, students gained new skills, making them more productive workers, by studying at UW-Stout. Today, thousands of these former students are employed in the UW-Stout Service Area.

The accumulated impact of former students currently employed in the UW-Stout Service Area workforce amounted to $147.7 million in added income to the UWStout Service Area economy, which is equivalent to supporting 2,798 jobs.

Total Economic Impact

Seven-county service area of the study in west-central WisconsinAltogether, the average annual added income due to the activities of UW-Stout and its former students equals $271.8 million.

This is approximately 2% of the UW-Stout Service Area's economy (GRP).

The service area includes Polk, St. Croix, Pierce, Barron, Chippewa, Eau Claire and Dunn Counties.