If you've ever wondered how big a role Texas A&M plays in the local economy, numbers released by the university on Wednesday leave no doubt. Last year, the direct impact was just over $1 billion, an increase of almost $98 million from 2006.
The following is a breakdown of how all that money filters into the local economy:
Staff, faculty and all around payroll amounts to about $770 million. Since most of A&M employees live locally, their money is spent locally.
The students who live in B/CS spend about $280 million a year. That money is spent everywhere you eat, shop or live.
Athletics, entertainment and the George Bush Library brought in more than $1 million visitors last year. Together, they spent $115 million locally.
Much of the big commercial construction going on in Brazos County can be attributed to the university. That pumps $100 million into the local economy.
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