September 7, 2017

CU's 4 campuses contributed $12.35B to Colorado economy in 2016, report finds

The University of Colorado, across all campuses, generated $12.35 billion in 2016 for Colorado's economy, with Boulder's campus contributing $3.85 billion, according to a Leeds School of Business economic impact report released Thursday.

"The study demonstrates what we have long known — the University of Colorado is a substantial driver of Colorado's economy," CU President Bruce Benson said at the Board of Regents' meeting Thursday in Aurora. "We're proud of the many contributions we make to our state and its quality of life, and we intend to continue our efforts to advance Colorado."

The CU system and its four campuses — Boulder, Colorado Springs, Denver and the Anschutz Medical Campus in Aurora — employed 32,386 faculty, staff and student workers in the 2016 financial year. This ranks CU as the third-largest employer in the state, the report said.