Report: UC Riverside boosts local, national economies
UC Riverside has an estimated $2.7 billion annual impact on the U.S. economy, according to a report conducted by the school.
The report, which was released Monday, called the university an “economic powerhouse” for the Inland Empire, saying its multiple research programs help fuel growth and attract jobs to the region.
The report, which used data from 2015 and 2016, found that the university has a $1.9 million impact on California, a $1.3 billion impact on the Inland region and a $1.2 billion impact on Riverside County.
UC Riverside’s 12,400 employees earn $550 million in wages and benefits annually, according to the report.