Powered by a top-ranked research program, the University of Wisconsin–Madison, its affiliate organizations and the startup companies coming out of the university have a total $30.8 billion annual statewide economic impact, equivalent to nearly 9% of Wisconsin’s $345 billion economy, according to a new report.
Conducted by NorthStar Analytics, LLC, the study finds that UW–Madison is one of Wisconsin’s major job creators, responsible for 232,057 public and private sector jobs—more than 7% of the 3 million jobs in Wisconsin, or 1 out of every 13 jobs in the state—and $1 billion in state and local taxes, putting it on par with major Wisconsin industries like dairy, food processing and tourism.