LEADERSHIP MESSAGE

John Carroll University is well recognized as a superior, private, educational institution that prepares graduates for productive employment, leadership and service in Northeast Ohio and around the globe. Most of our graduates (58 percent) remain in the region, where they help support the local economy and become involved in their respective communities.

Less recognized are the direct contributions that John Carroll — and similarly sized institutions — make as economic engines within our region. We generate significant economic activity through purchases of local goods and services, as well as through spending by our employees, students, and visitors. Our vendors and their employees, in turn, recycle spending within the region for additional goods and services.

John Carroll University currently is engaged in a master planning process. Its purpose is to identify the physical needs of our campus during the next 10 to 20 years. To complement this planning, we decided to assess the current economic and social impact that the university has on the Northeast Ohio economy and on the community where we reside. We commissioned the Center for Economic Development at Cleveland State University’s Maxine Goodman Levin College of Urban Affairs to conduct the study.

Cleveland State’s study estimates that John Carroll’s total economic impact on the Northeastern Ohio economy exceeded $115 million in the year of analysis (FY 2006). This spending generated nearly 1,500 jobs and produced more than $54 million in household earnings within the region. The study also describes John Carroll’s contributions to the region that extend beyond quantifiable measures, including community service initiatives, applied research, educational programming, and cultural offerings. All told, the study underscores the critical role of John Carroll University in Northeast Ohio.

For more information on this study, contact Doreen K. Riley, Vice President for University Advancement, 216.397.4345.

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