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Economic Impact: California’s $8 billion economic engine

A new independent economic impact study on USC shows that the university is one of California’s strongest economic engines. The study found that USC spurs $8 billion annually in economic activity in the Los Angeles region and California. The snapshot indicates the university will contribute well more than $80 billion to the economy over the next decade.

“USC is not only the largest private employer in the city of Los Angeles, but also a major economic powerhouse in California,” USC President C. L. Max Nikias said. “Our impact extends throughout our region and the state with thousands of local jobs, purchasing power that is invested back into our communities.”

According to the analysis, conducted by Beacon Economics, USC generated:

Download the complete report (PDF file).