Read the study performed by the University at Buffalo's Regional Institute about the
economic impact of the State University of New York at Fredonia on local, regional
and state economy:
Executive Summary ONLY
Fredonia - The Economic Impacts of a University FULL REPORT
Commissioned by the State University of New York at Fredonia (Fredonia), this study
- conducted by the UB Regional Institute - develops a baseline of key impact indicators,
shedding light, through data and quantitative analysis, on Fredonia’s contributions
to the local, regional, and state economy.
Fredonia is a major player in the economy of Western New York’s Southern Tier. With
1,780 faculty and staff, 421 faculty retirees, 5,214 enrolled students, 42,736 alumni
and 87,755 annual visitors, Fredonia is a hub for people and a source of community
vitality and economic activity. Generated revenues of $140 million in 2012-13 supported
spending of $215.4 million by the University and its faculty, staff, students, and
visitors, fueling demand for businesses and service suppliers in the local area, region
and beyond. These dollars circulated through the economy to leverage additional impacts.
Statewide, Fredonia’s impact is estimated at $330.81 million. The majority of this
- $204.36 million – accrues to the region, while nearly half of total statewide impacts
- $157.02 million are concentrated in the local Fredonia-Dunkirk community that the
University calls home.