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App State's annual economic impacts: $2.2 billion staewide, $573 million locally
30 Nov 2023
News
BOONE — In fiscal year 2021-22, Appalachian State University generated an estimated $573 million in added income for the five-county regional economy through operations, construction, visitor, and student spending, volunteerism and the increased earnings and productivity of alumni.
Statewide, the estimated economic impact of App State was $2.2 billion.
App State’s impacts on the regional and statewide economies and benefits for students, taxpayers and society were assessed in an economic impact study conducted by Lightcast, a labor analytics firm, for the year beginning July 1, 2021, and ending June 30, 2022.
The region assessed in the report included the counties of Watauga, Ashe, Avery, Caldwell and Wilkes. To read the full article click here.https://www.newstopicnews.com/news/local/app-state-s-annual-economic-impacts-2-2-billion-statewide-573-million-locally/article_c5a8bdea-70cf-5c80-9797-14f3e7b2c865.html
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