78 www.upandcomingweekly.com Up & Coming Weekly's
Economic Impact
Fayetteville State University
An Economic Engine for Fayetteville/Cumberland
Quick Facts
PROUD TO BE . . .
FSU's above contributions are based on sound and well-documented
economic impact modeling software (2014 Minnesota IMPLAN) utilized by
the School of Business and Economics. The methodology includes economic
impact multipliers to reflect the university's geographical location and to
quantify the impact of the expenditures and activities of the university's
employees, students, and vendors.
In addition, the University contributed:
Fayetteville State University contributes:
• $153.8 million in total economic output
• 2,210 jobs
• $104.4 million in labor income
• $134.4 million in Gross Regional Product (value added)
• $5.4 million in taxes
• $195 million in incremental salary value of Alumni currently
residing in Cumberland County
• $363 million in present value of future earnings capacity for
members of the
2012-13 graduating class from Cumberland County
• $658,000 in faculty/student volunteer hours
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