A new report shows Cal State San Bernardino as a major contributor to the Inland Empire economy.
Released Nov. 18, the report “Moving California Forward: The Economic Power of the CSU,” shows the college generating nearly $1 billion in industry activity and supporting 9,100 jobs.
The five-year analysis released by the California State University goes on to say the university also contributes $406.5 million in regional wages and $76.7 million in state and local tax revenue, directly reinforcing the economic health of the communities it serves in San Bernardino and Riverside counties.
“CSUSB views itself as an anchor institution here in the Inland Empire,” said university President Tomás D. Morales. “I say this repeatedly, but this report is further evidence that it is true. We are delivering for the communities which we serve. Our stellar faculty, supported by the staff, are behind these results. I could not be prouder.”
For every $1 the state invests in CSUSB, $10.06 in statewide industry activity is generated. Industry activity is the most common impact metric reported, measuring the total economy-wide industry spending generated.
When the earning of alumni — many of whom remain in the region — are included, that impact grows to $50.81, a testament to the lifelong economic value of a CSUSB degree. In total, CSUSB alumni contribute $3.7 billion in enhanced earnings each year, supporting 22,000 jobs and generating $4.7 billion in industry activity across the state.
“This comprehensive report
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