Economic Impact

Research and development at UK has a direct, and significant, economic impact on Kentucky. The $410.6 million UK spent on R&D in FY 2019 generated $758.3 million in economic activity across the state. In Fayette County, 1,939 jobs were created and across the state in the scientific sector 4,574 jobs were created.

University of Kentucky R&D Expenditures for FY19
  • Research expenditures totaled $410.6 million
  • Created 1,939 new jobs in Fayette County
  • Supported 4,574 jobs in Kentucky
  • Created $247.7 million in labor income 
  • Total economic impact of UK research for Kentucky was $758.3 million
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updated 9-17-20