Liberty's Office of Outreach and Business Engagement has released a new Economic Impact Report, prepared by Magnum Economic Consulting of Richmond.
The report highlights the positive leadership role Liberty plays within the area community, state, and beyond.
Download the Economic Impact Report for 2016-2017 to read about the significant economic and fiscal impact Liberty makes on the Lynchburg region and the State of Virginia.
Here are some highlights from the report.
In 2016-2017, Liberty University and its auxiliary enterprises were Lynchburg’s largest employer, providing jobs for 6,797 individuals in the Lynchburg Metropolitan Statistical Area (MSA) and over 9,210 worldwide.
In 2016-17, direct spending in the Lynchburg MSA by the university and its visitors totaled $618.3 million. Regional spending generated over $1 billion in economic activity in the Lynchburg MSA.