Economic Output
- Through its own expenditures and the spending of its visitors and students, Binghamton University direct and indirect expenditures totaled $456.2 million from July 1, 2009 to June 30, 2010.
- Including these indirect and direct expenditures associated with the university, the total impact on economic output on Broome and Tioga counties was approximately $738 million during the same period.
- In New York State, the original $456.2 million in Binghamton University's expenditures impacted New York State's output by $1.03 billion overall during this time period.
- Binghamton University's economic output accounted for an estimated 11% of the GDP of Broome and Tioga counties between July 1, 2009, and June 30, 2010.
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During the course of their academic experience at Binghamton University student spending pumps about $63 million into the local economy.
The Anderson Center for the Arts, a versatile setting, integrates music, dance, drama, and the visual arts, to create one of the premier cultural epicenters in New York state.
The impact of construction on the Binghamton University campus flows into the region in the form of labor or local or regional spending, for an average economic impact of around $82.9 million.
Communiversity Fest brings together more than 100 organizations from both the City of Binghamton and Binghamton University, including food vendors, contests, information tables, and music performances.
The College of Community and Public Affairs plays a significant role in downtown Binghamton revitalization efforts by drawing thousands of visitors to the facility.
In addition to its direct expenditures, Binghamton University’s impact can also be measured through the spending of its students and visitors - a whopping $750 million each year.
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