Harvard Touts Its Economic Impact

Rebecca Zacks1/15/09

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.