Snapshot highlights university’s role in local economy
By James Dean

Visitors to Cornell’s Ithaca campus spent $78 million locally in the most recent fiscal year – surpassing pre-pandemic totals – while the university spent a similar sum on construction projects, ranging from iconic McGraw Tower’s rehabilitation to breaking ground on a state-of-the-art computing and information science building.

Those are two examples of Cornell’s prominent role in the regional economy, captured in a Local Economic Snapshot produced by the Office of Community Relations for the fiscal year ending June 30, 2023.

“The snapshot shows the many ways that Cornell is integral to the life and economy of Ithaca and Tompkins County,” said Joel M. Malina, vice president for university relations. “Equally important are the thousands of hours that faculty, students and staff volunteer each year to benefit our communities.”

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