SKIP TO PAGE CONTENT
Menu

Jon Mark Beilue: ESI Economic Numbers

EconImpact_Beilue
Jon Mark Beilue Dec 19, 2019
  • Business
  • Jon Mark Beilue

 

Dec. 19, 2019

Some notable numbers from the economic impact analysis report on West Texas A&M University for fiscal year 2017-2018:

  1. $747.3 million of added income value from WT to the Texas Panhandle.
  2. 12,225 equivalents of jobs supported, or 1 in 23 jobs supported in the Texas Panhandle.
  3. $508 million in local alumni impact.
  4. $42.1 million in present value of the Harrington Academic Hall WTAMU Amarillo Center, of which $39.8 million is in added income value.
  5. 60 percent of WT graduates remain in the Texas Panhandle, where a college graduate is expected to earn $27,200 more each year over an employee with only a high school education. That’s $1.1 million in lifetime earnings, and $2.3 billion in lifetime added income for all WT area alumni.
  6. $71.4 million on payroll for 910 full-time and part-time WT employees.
  7. $95.2 million spent on goods and services.
  8. $50 million (approximate) in construction costs -- $9.8 million in 2017-2018, and $40 million in 2019 for 8,500-seat Buffalo Stadium.
  9. 12,123 students served.
  10.  2,267 education/government jobs impacted by WT, highest among any industry.

Source: Economic Modeling Specialists, Inc. (Emsi), Economic Impact Analysis of West Texas A&M University.

 

—WTAMU—