WVU construction projects pump $1 billion, 7,100 jobs into regional economy

Thursday, July 11, 2013

West Virginia University’s and WVU Healthcare’s construction projects are predicted to bring money into the city’s pockets.

Recently, a study was conducted by WVU’s Bureau of Business and Economic Research that shows more than a $1 billion economic increase due to these projects.

“In any study of this type, we have to make some assumptions about where the contractors are located and how the spending is distributed across the study area,” said Eric Bowen, the research associate who conducted the study. “But we feel comfortable that these results represent a fairly conservative measure of the economic impact of WVU’s construction projects in the Monongalia County region.”

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