Economic impact of ASU: A look at the staggering numbers

A W. P. Carey researcher explains how ASU student spending contributes to the university's $6.1 billion impact on Arizona's gross domestic product.

In this story published Jan. 29, 2025, on AZ Big Media:

Through their spending on housing, food, entertainment, and items other than tuition, students attending ASU make an especially large impact on the Arizona economy. There were nearly 80,000 undergraduates and graduates in campus immersion in fall 2024. Throughout the academic year, the non-tuition spending of ASU students is estimated to have been around $1.7 billion. This spending supported 11,700 Arizona jobs, second in size of economic impact only to the university's direct employment of faculty and staff.

– Kent Hill, L. William Seidman Research Institute research professor