Notre Dame's
Economic Impact
on South Bend
New Income for St. Joseph County
From 1997 through 2002, the University spent an average of $52.1 million annually in new building costs, with $45.4 million related directly to new construction. However, construction during fiscal year 2002 was limited in comparison to previous years because of changing economic conditions. The University spent $12.5 million in construction work, including $10.4 million in "bricks and mortar" costs. The University created 60 construction industry jobs and 70 spin-off jobs elsewhere in the Michiana economy.
- 12.8 jobs (approx.) were created in Michiana for every $1 million of University construction expenditures (U.S. Bureau of Economic Analysis)

