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/