ECONOMIC ENGINE THAT COULD
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NOT JUST A WESTSIDE STORY
UCLA'S ECONOMIC IMPACT IS NOT CONFINED to the neighborhood surrounding its Westwood campus. It extends throughout the city and county of Los Angeles, the five-county metropolitan area, most of the state of California and, indeed, much of the United States.
If one considers UCLA employees and the workers whose jobs are supported by UCLA employee, student and visitor spending, the university bolsters more than 23,000 jobs in Los Angeles County beyond the city's Westside. These additional jobholders make an estimated $870 million in taxable purchases, generating nearly $3.5 million annually in local taxes.
UCLA directly employs nearly 12,000 L.A. County residents who live outside the Westside, and their spending generates almost 8,000 more jobs. This combined total of some 20,000 employees accounts for an estimated $238 million or more in taxable spending each year. In addition, nearly 9,500 UCLA students live outside the Westside, and they annually spend more than $88 million in their communities, supporting 1,500 jobs and generating $368,000 in local taxes.
Operating purchases for the university and its medical enterprises annually add some $506 million to the Los Angeles County economy as a whole, and the university's capital spending adds another $56.9 million to the L.A. County economy annually.
Beyond Los Angeles County, in the adjacent counties of Orange, Riverside, San Bernardino and Ventura, 1,200 UCLA employees live, and their spending generates another 645 jobs. This combined total of 1,800-plus jobs adds taxable spending worth more than $26 million to the local economies. On top of this, some 3,000 students commute from the adjacent counties, and they spend more than $26 million and support almost 500 jobs in their home communities. Summer session students add another $1 million to their respective communities and support almost 500 jobs.
Capital spending adds $7.6 million annually to the economies of the adjacent counties, and UCLA's operating purchases for the university and its medical enterprises annually add $68 million.
Los Angeles County Economic Development Corporation