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Duquesne’s Financial Impact Totals $432 Million-Plus

A new economic impact report details Duquesne University’s financial impact of more than $432 million on the regional economy.

Some highlights of just-published report recapping fiscal year 2009 show that Duquesne:

  • Employed more than 2,800 people in professional, technical and clerical fields, making the University one of Pittsburgh’s larger employers.
  • Increased its total payroll to more than $150 million, producing more than $164 million in direct and indirect financial impact to our region.
  • Purchased nearly $69 million in goods and services directly from local businesses.
  • Invested over $18 million in new construction and capital improvement projects, which supported 167 local jobs in the building trades.
  • Attracted visitors whose spending had a total financial impact of more than $5 million in the city.
  • Coordinated thousands of hours of volunteer efforts that have a total estimated dollar value of over $4 million.
  • Enrolled more than 10,000 students, whose direct and indirect financial impact in the area totaled more than $130 million.
  • Provided comprehensive management and technical assistance to 815 local small businesses—over 11,000 hours of consulting at no cost—and secured more than $12 million in financing that helped to create 50 new businesses.
  • Attracted more than $12 million in research funds.

To read more about the economic impact of Duquesne and view other impact reports, visit http://www.duq.edu/public-affairs/publications.cfm

Duquesne University

Founded in 1878, Duquesne is consistently ranked among the nation's top Catholic universities for its award-winning faculty and tradition of academic excellence. Duquesne, a campus of nearly 9,500 graduate and undergraduate students, has been nationally recognized for its academic programs, community service and commitment to sustainability. Follow Duquesne University on Facebook, Twitter and Instagram.
www.duq.edu