Economic Impact

Economic Impact

A study by the Economics & Policy Research Group at the E. J. Ourso College of Business has determined that LSU’s economic impact on Louisiana totals $5.1 billion. This marks the first time that the impact of all eight LSU campuses – LSU, the LSU AgCenter, Pennington Biomedical Research Center, LSU-Alexandria, LSU-Eunice, LSU-Shreveport, and the LSU Health Sciences Centers in Shreveport and New Orleans – has been illustrated from the state level and on a campus-by-campus basis.

The impact equates to $1,097 per Louisiana citizen and a return of $13.25 for every dollar of state investment.

 

LSU’S ECONOMIC IMPACT STUDY

LSU Impact by Parish

State Overview

During the 2017 fiscal year, LSU was responsible for $5.1 billion in economic impact to the state, which is effectively $1,097 per Louisiana citizen.

LSU also is directly responsible for 41,006 jobs, a total of 20,366 of which are directly attributable to the university. All told, the entire LSU entity supports 2.6 percent of all Louisiana jobs.

Collectively, 2016 LSU graduates will enjoy increased earnings totaling $8.6 billion.

The Flagship

The total economic impact of Louisiana’s flagship university comes to $2.7 billion in total economic impact, $814.9 million in total earnings and 18,769 total jobs (7,081 of which are direct employment).

When examining the Flagship’s 2016 graduating class, those individuals will benefit from a combined total of $5.8 billion in increased lifetime earnings from their LSU degrees. 

LSU AgCenter 

The LSU AgCenter generates $229.1 million in total economic impact, $100.2 million in total earnings and 2,061 total jobs (1,151 of which are direct).

Pennington Biomedical Research Center

The Pennington Biomedical Research Center, or PBRC, contributes $106.3 million in total economic impact, $42.3 million in total earnings and 779 total jobs (467 of which are direct employment).

LSU Health Sciences Center Shreveport

LSU Health Sciences Center Shreveport contributes $595.4 million in total economic impact, $310.2 million in total earnings and 4,608 total jobs (2,443 of which are direct employment).

LSU Health Sciences Center Shreveport 2016 graduates will enjoy increased lifetime earnings of $412 million combined.

LSU Shreveport

LSUS contributes $87.5 million in total economic impact, $30.4 million in total earnings and 807 total jobs (436 of which are direct employment).

LSUS 2016 graduates will enjoy increased lifetime earnings of $884 million combined.

LSU supported about $887.8 million in sales, $391.2 million in earnings and approximately 6,900 jobs.

LSU Health Sciences Center New Orleans

LSU Health Sciences Center in New Orleans contributes $1 billion in total economic impact, $562.1 million in total earnings and 12,688 jobs (8,311 of which are direct employment).

LSU Health Sciences Center New Orleans 2016 graduates will enjoy increased lifetime earnings of $1.2 billion combined.

LSU Alexandria

LSUA contributes $84.4 million in total economic impact, $21.1 million in total earnings and more than 639 total jobs (235 of which are direct employment).

LSUA 2016 graduates will enjoy increased lifetime earnings of $289 million combined.

LSU Eunice

LSUE contributes $104.3 million in total economic impact, $22.2 million in total earnings and 655 total jobs (182 of which are direct employment).

LSUE 2016 graduates will enjoy increased lifetime earnings of $82 million combined.