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Date: 4/15/2010 |
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Category: General
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It's more than just advanced scientific research....
A consultant's study, released on April 14, 2010, documents the many positive economic contributions the Lawrence Berkeley National Laboratory makes to the East Bay economy.
The Berkeley Lab generated 5,600 jobs and $446.5 million in personal income, and contributed $690 million to the Bay Area’s embattled economy in 2009, according to an economic impact study prepared by CBRE Consulting of San Francisco. The study also determined that Berkeley Lab was responsible for creating more than 12,000 jobs nationally.
The report further concluded that over the last 20 years, 30 startup companies based on Berkeley Lab technologies contributed $904 million to the Bay Area economy.
Berkeley Lab’s local impacts were profound as well. More than 1,700 jobs in the city of Berkeley were directly tied to Laboratory spending.
Spending impacts were estimated to be $794.5 million statewide and $1.6 billion nationally.
Click on the Lawrence Berkeley National Laboratory link at the bottom of this page for detailed information.
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