Economic Impact

The economic impact of research at UK reaches across the state. During Fiscal Year 2016, research expenditures by UK, totaling $274 million, resulted in $241 million in state taxes, 3,429 jobs across Kentucky and $511.3 million in statewide production.

See the executive summary: “Investing in Innovation: The Impact of Research Funding at the University of Kentucky (pdf, 3pgs),” by the UK Center for Business and Economic Research in the Gatton College of Business and Economics.

Economic Impact Tree

(text description of figure, pdf)