Canisius President's Report 2022

Page 6

ECO NO M I C I M PAC T The numbers say it all. Canisius is a mediumsized institution that has a big impact on the local economy. The faculty and staff we employ, the students we educate to enter the workforce, the purchases we make and the capital projects we complete create a ripple of economic benefits throughout the region. PEOPLE POWER (as of May 31, 2021)

393 158 30% $39.7M

Full-time faculty and staff

Old Main

Part-time faculty and staff Live in the city of Buffalo Employee salaries, wages and benefits

BUYING POWER *

$ 161.2M $ 31.6M

$ 192.8M

Institution, annual construction & spillover Student and visitor impact (direct & spillover) Total economic impact (direct & spillover)

* New York State Commission on Independent Colleges and Universities 2019 Economic Impact Study of New York’s private colleges and universities (Estimated)

05

Penfold-Gareis Fitness Center


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