WCC EIS ExecSum

4 Economic impact analysis skills. Today, thousands of former SUNY WCC students are employed in Westchester County. As a result of their education from SUNY WCC, the students receive higher earnings and increase the productivity of the businesses that employ them. In FY 2021-22, SUNYWCC alumni generated $466.1 million in added income for the county economy, which is equivalent to supporting 4,367 jobs. Total impact SUNY WCC added $585.6 million in income to the Westchester County economy during the analysis year, equal to the sum of the operations spending impact, student spending impact, and alumni impact. For context, the $585.6 million impact was equal to approximately 0.6%of the total gross regional product (GRP) of Westchester County. This contribution that the college provided on its own is as large as nearly a third of the entire Transportation & Warehousing industry in the county. SUNYWCC’s total impact can also be expressed in terms of jobs supported. The $585.6 million impact supported 5,837 county jobs, using the jobs-to-sales ratios specific to each industry in the county. In addition, the $585.6 million, or 5,837 supported jobs, stemmed from different industry sectors. For instance, among non-education industry sectors, the spending of SUNY WCC and its students and the activities of its alumni in the Professional & Technical Services industry sector supported 885 jobs in FY 2021-22. If the college did not exist, these impacts would not have been generated in Westchester County. The $585.6 million net impact supported 5,837 jobs in Westchester County. SUNY WCC impacts by industry (jobs supported) 885 643 505 364 364 88 + 64 + 50 + 36 + 36 Art, Entertainment & Recreation Professional & Technical Services Government, Non-Education Health Care & Social Assistance Other services (except Public Admin)

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