Cal Poly generates $1.4 billion in Economic Impact
As one of the 23 campuses in the California State University system, California Polytechnic State University (Cal Poly) is world-renowned for its Learn by Doing approach to education and its unique comprehensive polytechnic identity. For Fiscal Year 2012-2013, Cal Poly created a total economic impact of $1.414 billion on San Luis Obispo and nothern Santa Barbara counties. Direct impacts totaling $1.1 billion led to an additional $313.9 million in indirect and induced spending in the local area. Increased factor productivity (increased regional educational attainment because of the existence of Cal Poly) made up 57% of the total direct impacts.