Harvard Touts Its Economic Impact

Harvard University today released a report from New York-based research firm Appleseed detailing the university’s impact on the regional economy. The Boston Globe points out that the report, which credits Harvard with directly and indirectly accounting for some $4.8 billion in Boston-area economic activity in fiscal 2008, comes just as “Boston officials seek to squeeze more money out the city’s tax-exempt nonprofit sector to help offset a budget shortfall estimated at more than $100 million.” A pdf of the report is available here.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.