Expenditure Impact

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

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.

OSWEGO COUNTY
$179.4 Million

Oswego County Expenditure Impact
Dollar figures in millions.

CENTRAL NEW YORK
$345 Million

Central New York Expenditure Impact
Dollar figures in millions.

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