Please ensure Javascript is enabled for purposes of website accessibility
New Report: Fresno State Has Nearly $2 Billion Annual Economic Impact
News
By News
Published 4 years ago on
April 2, 2021

Share

By Fresno State News

Salvador Solorio-Ruiz grew up in Delano, a small Central Valley town where 22% of residents live in poverty, according to the U.S. Census. The son of immigrants, however, was bound for something different when he became the first in his family to graduate from college — Fresno State. He returned to his hometown, started working, and also ran for — and won — a seat on the Delano City Council.

“This report underscores the important connection that Fresno State has with our region.” — Interim university President Saúl Jiménez-Sandoval

“Fresno State not only prepared me for my career as a community engagement coordinator with a nonprofit (California Health Collaborative) but as a city councilmember,” he said.

Solorio-Ruiz is one of the thousands of Fresno State graduates now working and contributing to the Valley economy.

A new report from the California State University system underscores the magnitude of the economic impact of Fresno State. For every dollar that California invests in Fresno State, $7.35 in statewide spending is generated. When alumni economic activity is considered, the $1 investment rises to $32.29 in return. In 2018-19, the state’s investment in Fresno State (operating and average capital appropriations) totaled $190.1 million.

‘Elevates the Quality of Life of Our Region’

In the 2018-19 academic year, Fresno State-related activity supported 11,142 jobs, $438.9 million in labor income and $1.3 billion in industry activity, and contributed $81.2 million in state and local tax revenue, according to the report, “The Impact of the California State University.”

“This report underscores the important connection that Fresno State has with our region,” said interim university President Saúl Jiménez-Sandoval. “We are pleased to be a major contributor to the economic well-being of the Valley, as we have been for over a century.

“If we look beyond the economic aspect, our university is a regional research hub, a major source of volunteers in community service, and the principal preparer of teachers, agribusiness people, business leaders, health care workers, engineers, and other skilled workers in the Valley,” Jiménez-Sandoval said.

“A Fresno State education improves the trajectory of the lives of students and their families, and elevates the quality of life of our region.”

Looking at the 23-campus CSU system, $6.97 of positive economic activity is generated for every dollar invested; $23.26 when alumni are considered.

Ag is Big Business

The report includes the contributions of agriculture on CSU campuses, and spotlights Fresno State’s Water, Energy and Technology Center, which typifies the way that CSU research fosters innovation and drives economic impact through close collaboration with private industry partners.

It also highlights the California Agricultural Technology Institute, the Institute for Food and Agriculture, and the International Center for Irrigation and Technology, all located at Fresno State.

The report breaks out the joint impacts of the three Valley CSU campuses — Fresno State, California State University, Bakersfield, and California State University, Stanislaus — in the 13-county region. Together in 2019, the three campuses spent $1.6 billion on operations, capital, auxiliary, and student spending, and supported more than 20,500 local jobs, contributed $762 million in labor income and $2.2 billion in regional industry activity, and generated $141 million in state and local tax revenue.

The full report is available on the CSU website.

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

DON'T MISS

First California EV Mandates Hit Automakers This Year. Most Are Not Even Close

DON'T MISS

Life-Threatening Meals: Restaurants Would Identify Food Allergens for Diners Under This Proposed Law

DON'T MISS

Iran Threatens to Strike US Bases in Region if Military Conflict Arises

DON'T MISS

Trump Has Cut Science Funding to Its Lowest Level in Decades

DON'T MISS

Fresno Measure C Transportation Tax Talks Continue Amid Renewal Uncertainty

DON'T MISS

Judge Bars Trump Administration From Detaining Mahmoud Khalil

DON'T MISS

Is a Waxed Apple ‘Ultra-Processed?’ CA Bill Could Trigger a Lawsuit Barrage

DON'T MISS

Edmunds: These Five Vehicles Are Hidden Automotive Gems

DON'T MISS

GM to Invest $4 Billion to Shift Some Production From Mexico to the US

DON'T MISS

How Your Air Conditioner Can Help the Power Grid, Rather Than Overloading It

DON'T MISS

Hundreds of Laid-off CDC Employees Are Being Reinstated

UP NEXT

Trump Warns Protests at Army Parade Will Be Met With Force

UP NEXT

Do Americans Support Trump’s Use of Marines in LA? The Numbers Might Shock You

UP NEXT

Marines Will Deploy to LA for 60 Days, Costing Taxpayers $134 Million

UP NEXT

How Much Will Fresno Unified Trustee’s Steak Dinner Cost After FPPC Fine?

UP NEXT

First the National Guard, Will the Marines Be Next at LA Riots?

UP NEXT

Sights & Sounds: The 2025 Fresno Rainbow Pride Parade and Festival

UP NEXT

Doctors Were Preparing to Remove Their Organs. Then They Woke Up.

UP NEXT

FDA’s AI Assistant ‘Elsa’ Fails Its First Day on the Job

UP NEXT

8 Ways Musk and Trump Could Inflict Pain on Each Other

UP NEXT

Fresno Unified Has Twice as Many Administrators, Lower Test Scores Than Its Peer District

Fresno Measure C Transportation Tax Talks Continue Amid Renewal Uncertainty

4 hours ago

Judge Bars Trump Administration From Detaining Mahmoud Khalil

4 hours ago

Is a Waxed Apple ‘Ultra-Processed?’ CA Bill Could Trigger a Lawsuit Barrage

4 hours ago

Edmunds: These Five Vehicles Are Hidden Automotive Gems

4 hours ago

GM to Invest $4 Billion to Shift Some Production From Mexico to the US

4 hours ago

How Your Air Conditioner Can Help the Power Grid, Rather Than Overloading It

4 hours ago

Hundreds of Laid-off CDC Employees Are Being Reinstated

5 hours ago

National Guard Troops Have Temporarily Detained Civilians in LA Protests, Commander Says

5 hours ago

This Israeli Government Is a Danger to Jews Everywhere

5 hours ago

Bass and Other California Mayors Call for End to Immigration Raids

5 hours ago

Life-Threatening Meals: Restaurants Would Identify Food Allergens for Diners Under This Proposed Law

This story was originally published by CalMatters. Sign up for their newsletters. If Kim Nickols eats dairy, peanuts or wheat, her blood pre...

3 hours ago

3 hours ago

Life-Threatening Meals: Restaurants Would Identify Food Allergens for Diners Under This Proposed Law

3 hours ago

Iran Threatens to Strike US Bases in Region if Military Conflict Arises

3 hours ago

Trump Has Cut Science Funding to Its Lowest Level in Decades

4 hours ago

Fresno Measure C Transportation Tax Talks Continue Amid Renewal Uncertainty

4 hours ago

Judge Bars Trump Administration From Detaining Mahmoud Khalil

4 hours ago

Is a Waxed Apple ‘Ultra-Processed?’ CA Bill Could Trigger a Lawsuit Barrage

4 hours ago

Edmunds: These Five Vehicles Are Hidden Automotive Gems

4 hours ago

GM to Invest $4 Billion to Shift Some Production From Mexico to the US

Help continue the work that gets you the news that matters most.

Search

Send this to a friend