{"id":167330,"date":"2026-02-24T19:32:18","date_gmt":"2026-02-24T19:32:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/167330\/"},"modified":"2026-02-24T19:32:18","modified_gmt":"2026-02-24T19:32:18","slug":"uf-stamps-sizable-economic-footprint-across-sunshine-state","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/167330\/","title":{"rendered":"UF stamps sizable economic footprint across Sunshine State"},"content":{"rendered":"

An economic activity report shows the University of Florida<\/a> contributes nearly $19.6 billion to Florida\u2019s economy.<\/p>\n

The report<\/a> analyzed the school\u2019s economic activity in Florida for the 2023-24 fiscal year, showing UF supported 134,411 jobs in total.<\/p>\n

\u201cThe University of Florida\u2019s commitment to excellence translates into real economic benefit for Florida,\u201d UF interim President Donald Landry said.<\/p>\n

\u201cFederal research funding, private investment and the work of our faculty and students surely advance the academic enterprise but also serve the people of Florida supporting jobs, bolstering businesses and strengthening communities throughout the state.\u201d<\/p>\n

The analysis was conducted by the UF Institute of Food and Agricultural Sciences Economic Impact Analysis Program<\/a>.<\/p>\n

\"\"<\/a><\/p>\n

The economic reach of the school goes well beyond the immediate institution. The report found that UF and its partners contributed about $12.6 billion in wages, salaries, benefits and taxes and more than $2.76 billion in overall tax revenue for governments on the local, state and federal level.<\/p>\n

The analysis concluded that UF Health<\/a> hospitals and clinics supported 62,705 jobs. Those health outlets also contributed $5.92 billion in value added to the state economy.<\/p>\n

UF\u2019s impact on the state\u2019s economy has also been growing in the past decade. The report found that since the 2017-18 fiscal year, UF\u2019s employment impact has jumped 11.9% and its value added has increased by 15.4%.<\/p>\n

Looking at earnings by UF graduates in 2023, the report shows that alumni with a bachelor\u2019s degree earned an average of $58,057 per year, while professional degree holders earned $101,343 on average.<\/p>\n

And its research efforts are also substantial. In 2023-24, the university received more than $1.1 billion in sponsored research funding, awarding 17,907 degrees. UF in Fiscal Year 2023 spent $1.25 billion on research. That includes $530 million supported by federal agencies.<\/p>\n

\"\"<\/a><\/p>\n

\u201cWhen Florida competes successfully for federal research funding, the benefits do not stop at the laboratory,\u201d Landry said. \u201cThose dollars can support jobs, fuel local businesses and generate tax revenue that flows back into our communities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"An economic activity report shows the University of Florida contributes nearly $19.6 billion to Florida\u2019s economy. The report…\n","protected":false},"author":2,"featured_media":167331,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[79493,42372,79494,28,30,29,79495,12031,2511,7457,2512],"class_list":["post-167330","post","type-post","status-publish","format-standard","has-post-thumbnail","category-florida","tag-2023-24-fiscal-year","tag-donald-landry","tag-economic-contribution","tag-florida","tag-florida-headlines","tag-florida-news","tag-institute-of-food-and-agricultural-sciences-economic-impact-analysis-program","tag-tax-revenue","tag-uf","tag-uf-health","tag-university-of-florida"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/167330","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=167330"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/167330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/167331"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=167330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=167330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=167330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}