The University of Colorado is the nexus of teaching, research, and healthcare that reaches far beyond听economic听statistics that quantify purchases and payroll in the state of Colorado. In addition, the university鈥檚听economic听contributions resonate as an听economic听engine driven by education, clinical, and research expenditures.听

The University of Colorado comprises four campuses鈥攖he University of Colorado Boulder (CU Boulder), the University of Colorado Colorado Springs (UCCS), the University of Colorado Denver (CU Denver), and the Anschutz Medical Campus (CU Anschutz), as well as the system administration offices in Denver. This public university serves 鈥淐olorado, the nation, and the world through leadership in high-quality education and professional training, public service, advancing research and knowledge, and state-of-the-art health care.鈥澨�

The University of Colorado is an听economic听driver in the state of Colorado, employing thousands of workers, buying from local vendors, importing investment, educating the local workforce, and exporting research discoveries. Aside from the direct听impact, the university facilitates company growth and job creation through research, tech transfer, and spinoff companies. This study provides a snapshot of the university鈥檚听economic听contribution to the state. In addition, the听economic听contribution of the system and the four campuses (CU Boulder, UCCS, CU Denver, and CU Anschutz) to their respective communities is detailed for fiscal year (FY) 2022-23. This study was conducted in cooperation with the University of Colorado System and the individual campuses.听

The results of the听economic听contribution analysis include the University of Colorado and its affiliates at the CU Anschutz Medical Campus for FY2022-23. The results show the following summary for the University of Colorado System:

  • The听economic听impact听increased to听$10.8 billion听for the state of Colorado.听听
  • Impacts stemmed from employee earnings, student worker earnings, operating expenditures, construction, research, and visitors.
  • Other acknowledged听impacts stem from innovation, technology transfer, skills and training, and alumni in the workforce.
  • Supported a total of听98,175 jobs,听mostly听in the听Boulder MSA, Denver MSA, and听Colorado Springs MSA.
  • Generated labor income of听$8 billion.

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