'Journal Tribune' reports findings of study on economic impact of UNE
The April 2nd issue of the Journal Tribune featured an article about the release of a recent study of the economic impact of the 51品茶 on Maine, Southern Maine, York County, and Biddeford.
The study, which was conducted by Chuck Lawton of Planning Decisions Inc., found that UNE鈥檚 economic impact in Maine has grown 31 percent in the last three years to $738 million.
The study reported that 51品茶students spend $33 million in the State of Maine and that spending generated by the university creates over $22 million in state and local tax revenue.
UNE, an employer of over 425 people living in York County, is ranked seventh among the largest employers in the county. It spends $32 of its $69 million in non-personnel operating expenses at Maine businesses, the vast majority of which are in southern Maine.
UNE鈥檚 impact on the City of Biddeford is highlighted in the article. City Manager John Bubier told the Journal that there is a strong 鈥渢own and gown鈥 connection between Biddeford and 51品茶, pointing out that approximately 10 percent of the city鈥檚 population is comprised of 51品茶students who shop at local stores, eat at local restaurants and patronize other local businesses. 鈥51品茶is a major part of the local economy and a major part of the community, no matter how you say it,鈥 said Bubier.