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ERIC Number: ED386113
Record Type: Non-Journal
Publication Date: 1995-Jun
Pages: 47
Abstractor: N/A
ISBN: N/A
ISSN: N/A
EISSN: N/A
Economic Impact of Loyola University Chicago. Fiscal Year 1994.
Loyola Univ., Chicago, IL.
This report describes and quantifies the magnitude of Loyola University's operations and how they affect the economy of Chicago (Illinois), analyzing the impact on the local community and on various segments of the metropolitan area. It first describes the university's four campuses, the university's role in the community, and the size of its operations. It then notes that the university and related activities have an annual impact on the local economy of $1.04 billion and provide 14,774 jobs. The report also revealed that Loyola University: (1) ranks as the 15th largest employer in the Chicago area; (2) invested more than $220 million in construction over the past 20 years; (3) is responsible for $346 million in retail sales and $281 million in personal and business services, and supports more than 7,325 jobs in these sectors; (4) contributes to the generation of $204 million in annual tax revenues; and (5) attracts many thousands of visitors to the area each year, further benefiting the local economy. The report concludes by discussing the community contributions and achievements of the university. (MDM)
Loyola University, Public Relations Office-WTC, 820 N. Michigan Ave., Chicago, IL 60611 ($10).
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Loyola Univ., Chicago, IL.
Identifiers - Location: Illinois
Grant or Contract Numbers: N/A