The powerful economic machine that is UC Davis has generated over $6.9 billion in annual economic activity and accounts for 69,000 jobs. For every two jobs at UCD, an additional 1.2 jobs were created in other sectors of the region’s economy. For every dollar of goods and services the university generated, Northern California benefited from an additional $1.10 to $1.40 in secondary economic activity. The two campuses in Davis and Sacramento, constitute the second-largest employer in the Sacramento region, behind only the state of California.
Chancellor Linda Katehi said “UC Davis is a signficant catalyst for economic activity throughout our region and across the state”. “It is gratifying to see that the investments made at the university will pay off not only in the long-term, with a highly educated workforce and the discoveries and innovations that will help us to address the globe’s most pressing problems”.
The Sacramento-based Center for Strategic Economic Research conducted its analysis in two parts. The first part assessed the impacts of the Sacramento UCD Health System and the second part focused on the impact of UCD campus in Davis. The report also assessed the economic impact of UCD satellite locations throughout Northern California.
The Davis campus and its affiliated centers generated more than 48,000 jobs and 3.5 billion in goods and services, while the Sacramento campus generated more than 20,000 jobs and 3.4 billion in goods and services. Northern California was defined as the area between the Oregon border and the southern borders of Monterey, Kings, Tulare and Inyo counties. The UCD Health System students and visitors contributed $368.9 million in spending to the Northern California economy. Any thoughts on the direction of UCD, in terms of growth, student body, job creation and economic structure? Please visit my website www.JohnnyBrooksHomes.com for helpful tips on buying or selling a home, scan my other informative blogs or view local area homes for sale in Davis,California or the surrounding communities.