Notre Dame Touts Multi-Billion-Dollar Impact
A new study shows the University of Notre Dame generates nearly a $2.5 billion economic impact in the region. The research, conducted by Philadelphia-based Econsult Solutions Inc., connects some 16,700 regional jobs to the South Bend institution. The last study was conducted five years ago and only considered data from St. Joseph County. The current report used 2017 information from St. Joseph, Elkhart and Marshall counties.
"Notre Dame’s economic and cultural impact is growing beyond South Bend to incorporate the broader region, This growth reflects Notre Dame’s partnership with the thriving South Bend-Elkhart region – a place for robust employment and cultural life beyond the boundaries of the University. Notre Dame’s success can be measured in part by how well our neighbors flourish," said President John Jenkins.
Additional figures from the study include:
- Other significant figures from the economic impact report show:
- The university has a $1.2 billion annual operations budget and 7,500 employees
- Over the last three years, UND has averaged $271 million in capital expenditures including construction, renovation and maintenance projects
- $256 million in total impact of event participant spending from athletic, alumni, educational and cultural events, which supports nearly 2,500 jobs annually
- A $26.4 million impact for each home football game weekend
You can connect to more on the study by clicking here.