Significantly Increased Economic Vibrancy Over the Next 10 Years
An incremental doubling of Orange County’s STEM graduation rate over the next 10 years would generate the following impacts:
- Direct Orange County labor income increases by an estimated $900 million;
- With multiplier effects, total impacts forecast over $1.7 billion in new labor income per year; and
- Almost 2.2 billion in new economic activity.
Additionally, doubling the STEM graduation rate would drive new job creation and earnings generated by these jobs bringing
benefits to the state, local and national government through new tax revenue of an estimated $465 million.