Economic Impact Calculator


ECONOMIC IMPACT REPORT GENERATOR

For individual ICI member impact, Indiana’s Independent Colleges and Universities has developed an online tool to calculate statewide and Indiana Economic Growth Region level estimates of overall economic impact, jobs created, and tax revenue generated to the state of Indiana and the federal government. Click the arrow in the drop-down menu above to select an individual institution from Indiana’s thirty independent colleges and universities.
Full Instructions

METHODOLOGY

Input-Output Analysis has served as a primary tool for tracing the economic linkages between various economic sectors and whole communities since the 1930s. This study utilized input-output analysis to show direct, indirect and induced industry output and employment as a result of institutional E&G (Education and General) expenditures, construction, independent operations, related student expenditures and visitor activity
Full Methodology

Direct Expenditures

Total Expenditures
Salary Expenditures
Total Operational Expenditures
Total Students
Total Staff
Estimated In State-Alumni
Student Expenditures
Total Estimated Visitors
Total Estimated Visitor Expenditures
Capital Expenditures

Total Economic Impact

Total Impact to Illinois
Total Illinois Jobs
Total Local Impact
Total Local Jobs

Tax Revenue Generated

Sales
Property
Income
Other State
Federal
Total