{"id":16320,"date":"2019-11-26T15:38:00","date_gmt":"2019-11-26T15:38:00","guid":{"rendered":"http:\/\/www.uwb.edu\/?p=16320"},"modified":"2025-02-12T11:50:10","modified_gmt":"2025-02-12T19:50:10","slug":"economic-impact-pr","status":"publish","type":"post","link":"https:\/\/www.uwb.edu\/news\/2019\/11\/26\/economic-impact-pr","title":{"rendered":"UW Bothell drives $341.8 million of state\u2019s economy, sustains more than 2,000 jobs"},"content":{"rendered":"\n
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BOTHELL, Wash. Nov. 26, 2019 \u2014 The University of Washington Bothell generated a total impact on the state\u2019s economy of more than $341.8 million in FY 2018, according to an economic contribution analysis released last week. The study further concludes that UW Bothell\u2019s economic activity supported or sustained 2,322 jobs throughout the state.<\/p>\n\n\n\n

The UW Bothell campus makes a significant impact on the communities it serves and the state of Washington. The analysis shows that the economic contribution of UW Bothell has increased significantly over the past five years: Since 2014, the impact has increased by 37% when adjusted for inflation, rising from $249.6 million to $341.8 million.<\/p>\n\n\n\n

\u201cAs one of the largest employers in our area providing exceptional education, job opportunities and endless prospects for collaboration, we are very fortunate to have UW Bothell in our community,\u201d said Brittany Caldwell, executive director of the Bothell Kenmore Chamber of Commerce.<\/p>\n\n\n\n

The study was part of a larger effort that measured the economic contribution of UW\u2019s overall operations including its campuses and projects across the state of Washington, in the Puget Sound and in the cities of Seattle, Tacoma and Bothell. The study also provides individual impact analyses of UW Medicine, UW Research, Intercollegiate Athletics, alumni of the University and CoMotion \u2014 a UW collaborative innovation hub dedicated to expanding the economic and societal impact of the UW community.<\/p>\n\n\n\n

“UW Bothell is one of the most diverse campuses in the state of Washington,\u201d said Wolf Yeigh, UW Bothell chancellor. \u201cWe make a cross-disciplinary, four-year degree more accessible and achievable for more students by providing a world-class educational experience that prepares them for success \u2014 in life, work and their communities.\u201d<\/p>\n\n\n\n

The study was conducted by Parker Philips, a nationally recognized consulting firm specializing in economic impact analysis. Nichole Parker, a principal partner at Parker Philips, said, \u201cEconomic contribution is an objective way to measure the significance of an organization in the regional economy. It is a tool that policymakers can use to inform their decisions and empirical context that shows the impact of the institution. UW Bothell is a unique and sustainable economic driver that is making a demonstrable impact on Washington.\u201d<\/p>\n\n\n\n

Among the findings in the study:<\/p>\n\n\n\n