{"id":4862,"date":"2021-12-02T15:45:36","date_gmt":"2021-12-02T15:45:36","guid":{"rendered":"https:\/\/blog.spcollege.edu\/president\/?p=4862"},"modified":"2024-02-19T22:55:21","modified_gmt":"2024-02-19T22:55:21","slug":"st-petersburg-college-gives-the-tampa-bay-economy-a-2-3-billion-boost","status":"publish","type":"post","link":"https:\/\/blog.spcollege.edu\/president\/2021\/12\/02\/st-petersburg-college-gives-the-tampa-bay-economy-a-2-3-billion-boost\/","title":{"rendered":"Tampa Bay economy gets a $2.3 billion boost from SPC"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">For nearly 100 years, <a href=\"https:\/\/www.spcollege.edu\/\" target=\"_blank\" rel=\"noreferrer noopener\">St. Petersburg <\/a>College has been a valuable and accessible resource for people seeking better lives for their families and fulfillment in their careers. Since we enroll more than 43,000 students each year in our degree and short-term training programs, it\u2019s pretty likely that you or others you know have a <a href=\"https:\/\/blog.spcollege.edu\/president\/2020\/05\/28\/virtually-celebrating-our-class-of-2020-spring-graduates\/\" target=\"_blank\" rel=\"noreferrer noopener\">diploma or certification<\/a> from SPC \u2014 or perhaps from St. Petersburg Junior College. But what you may not know is the profound effect that SPC has on the economic value of Pinellas County, the Tampa Bay area, and beyond.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SPC contracted data analytics advisers Emsi to conduct an economic impact analysis, based on 2019-20 data. In the 2019-20 fiscal year alone, SPC added $2.3 billion in income to the Tampa Bay region\u2019s economy \u2014 which is about 1.3 percent of the region\u2019s gross regional product (GRP). Zooming in on Pinellas County, the college added $1.2 billion in income to the county\u2019s economy, or approximately 2.2 percent of the county\u2019s total GRP.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additional findings include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>SPC alumni contribute more than $950 million in added income to the county.<\/li>\n\n\n\n<li>For every $1 that supports SPC, the community gains $8.40 in added income and social savings.<\/li>\n\n\n\n<li>SPC\u2019s operations spending added $163.8 million to the county\u2019s income.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.tampabay.com\/opinion\/2021\/12\/02\/st-petersburg-college-gives-the-tampa-bay-economy-a-23-billion-boost-column\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more here in the Tampa Bay Times<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>For nearly 100 years, St. Petersburg College has been a valuable and accessible resource for people seeking better lives for their families and fulfillment in their careers.<\/p>\n","protected":false},"author":99,"featured_media":4863,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[14,25],"tags":[],"class_list":["post-4862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-spc-inspires"],"_links":{"self":[{"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/posts\/4862","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/comments?post=4862"}],"version-history":[{"count":5,"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/posts\/4862\/revisions"}],"predecessor-version":[{"id":5501,"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/posts\/4862\/revisions\/5501"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/media\/4863"}],"wp:attachment":[{"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/media?parent=4862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/categories?post=4862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.spcollege.edu\/president\/wp-json\/wp\/v2\/tags?post=4862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}