Economic Impact of University of Rochester and its Affiliates

An analysis of the University of Rochester and its affiliates (UR) shows the economic impact on the 5-county Rochester NY region is substantial, and today UR is not only the #1 regional employer but also NY's #6 employer. Other key findings for 2009: wages paid totaled nearly $1.25 billion, and more than $654 million in goods and services were purchased with 28% spent on purchases within the region. CGR also found capital improvement expenditures averaged about $214 million per year over the past 5 years. In addition, the university may have ties to as many as 46% of active patient care physicians in the region; more than 3,300 undergraduate and graduate students live off-campus and contribute to the area’s economy, and in 2009 visitors to UR accounted for more than 31,500 hotel night stays.

Report Date: Apr 2010
Author(s): Kent Gardner , Scott Sittig
Subject(s): Economic Analysis
Location: Monroe, New York