The University of Arizona Science and Technology Park and its resident companies had an economic impact of $2.67 billion in Pima County in 2009, according to a new report.
The amount included $1.81 billion in direct economic impacts such as wages paid and supplies and services purchased and $861 million in indirect and induced dollar impacts, according to University of Arizona Science and Technology Park: Economic Impact Calendar Year 2009 from The University of Arizona Office of University Research Parks.
During the year, the park was home to 40 companies and business organizations that employed 6,494 workers. In total, the park and its companies generated 14,322 jobs (direct, indirect, and induced) in the regional economy, with an average annual wage was $74,400 compared to the Pima County average of $40,900 during the same time period.
The full report can be accessed online at uatechpark.org.