Study: Macon State's economic impact is $157 million
NewsCentral Staff
Story Created:
Jul 10, 2012 at 4:09 PM EDT
Story Updated:
Jul 10, 2012 at 6:05 PM EDT
Macon State College is leaving a lasting impact on the economy in terms of dollars and jobs it provides.
According to a study by the University System of Georgia (USG), Macon State College had an economic impact of more than $157 million on the Central Georgia economy in 2011. It also accounted for nearly 1,700 jobs due to on and off-campus spending.
The study found that on average, for every dollar of spending by a USG institution, 39 cents of that dollar went back ino the local economy.
The counties studied to determine Macon State’s economic impact were Bibb, Houston, Jones, Monroe, Peach, Crawford, Twiggs, Baldwin, Wilkinson and Laurens.
The combined economic impact of the University System’s 35 institutions was $13.2 billion in fiscal 2011, an increase of 5 percent over the year before.
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