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Carnegie Mellon University serves as an “economic engine”, providing nearly $2.7 billion in annual economic impact for the local, regional, and state economy in Pennsylvania.

Philadelphia’s Econsult Solutions explains in a recent report from the 2016 fiscal year that part of the reason Carnegie Mellon has a huge spillover effect is because the university ensures that its inflow of education, research, and commercial activities are directed into Pittsburgh’s economy.

Image: Lisa Qian/