Direct spending by SUNY Oswego, its employees, visitors, retirees, students and affiliated agencies in 2008-09 is estimated at $136.9 million in Oswego County with an additional $49.9 million in neighboring counties (Onondaga, Cayuga, Jefferson, Lewis, Oneida and Madison).
Using a weighted average regional output multiplier of 1.35 for the college’s spending of $114.2 million in Oswego County, this expenditure is shown to lead to an additional, related expenditure of $40 million in the county. Using a weighted average regional output multiplier of 1.97 for the college’s spending in the seven-county region, college-based spending is shown to lead to an additional, related expenditure of $153.7 million.
The total impact, direct and related, is estimated at $179.4 for Oswego County and $345 million for Central New York.
Total Spending Impact |
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| Expenditures | Oswego County | Central New York* |
New York State | Total |
| Direct | $114.2 |
$158.4 |
$200.5 |
$214.3 |
| Related | $40.0 |
$153.7 |
$194.5 |
$205.3 |
| Student | $21.1 |
$26.4 |
$26.4 |
$26.4 |
| Estimated Value of Student / Faculty / Staff Volunteers in the Community | $2.5 |
$4.5 |
$4.5 |
$4.5 |
| Students' Visitors | $1.6 |
$2.0 |
$2.0 |
$2.0 |
| Total Impact | $179.4 |
$345 |
$427.9 |
$452.5 |
|
Dollar figures in millions.
*Includes Oswego, Onondaga, Lewis, Jefferson, Oneida, Cayuga, Madison counties. |
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OSWEGO COUNTY
$179.4 Million

Dollar figures in millions.
CENTRAL NEW YORK
$345 Million

Dollar figures in millions.
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