A new study concludes that
Washington and Lee contributed more than $225 million to the Shenandoah
Valley’s economy in 2010.
The economic-impact study,
conducted by an Indiana-based group, examined W&L's effect on the region in
three areas — spending, knowledge and local government.
The study found that W
& L was responsible for more than 225 million dollars of the nearly
12-point-9 billion dollars in economic activity in the Shenandoah
Valley during 2010. It also found that W&L had a 2.3 percent
net benefit to the city of Lexington
by virtue of being responsible for 14.8 percent of the city's revenues and 12.5
percent of its expenditures.
