A newly released study, “The economic and community contributions of the University of Wisconsin-Madison,” concluded that the university, its affiliated organizations and startup companies contribute $38.9 billion annually to Wisconsin’s economy.
The report said the university supports 287,000 jobs statewide, and that the broader UW–Madison enterprise ranks among Wisconsin’s largest employers.
The study found that one in every 11 jobs in the state is sustained by the university, placing it alongside major industries such as dairy, food processing and tourism as a key economic driver for Wisconsin.
UW–Madison, its affiliates and business spin-offs generate $1.94 billion in state and local taxes collected each year, or $1 of every $12.70 collected statewide.
“At UW–Madison, we measure success not only by what we accomplish on campus, but by how our work strengthens communities across Wisconsin,” UW-Madison Chancellor Jennifer Mnookin said in a statement. “This report shows how the Wisconsin Idea continues to build the state’s future through research that drives innovation, graduates who strengthen our workforce, and partnerships that help communities thrive.”
