According the the University of Hawaii Economic Research Organization (UHERO), the University of Hawaii system generated $3.61 billion in economic benefits for the state of Hawaii in 2012. The report stated that the ten campuses spend a total of $2.32 billion in the 2012 fiscal year, out of which $1.84 billion was spent locally. When you account for the indirect benefits that are related to that spending, the total impact on Hawaii’s economy was approximately $3.61 billion. UHERO acknowledges that the school is state funded, but noted that the financial gains generated by the University system greatly outweighs the costs.
Source: Honolulu Star Advertiser, 4-16-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
