SUNY System the Key to New York’s Economic Future

Albany, N.Y. -- A comprehensive statewide study finds that the State University of New York is positioned to be the critical force in building a new innovation economy for New York -- with a broad and diverse array of economic development activities already in place across the 64-campus system, and with a growing potential to do more in the future.

The study, a joint project of the Nelson A. Rockefeller Institute of Government at the University at Albany and of the University at Buffalo Regional Institute, reported that the SUNY system had an economic impact of a minimum of $19.8 billion in 2008-09, based on the spending of its colleges and universities, students, employees and campus visitors.

But the institutes' report, How SUNY Matters: Economic Impacts of the State University of New York [PDF], found that the system is making an even more important contribution to New York's future economy -- to the state's capacity to grow and produce jobs in the new economy of the 21st Century.

More HERE.