33 Chapter 2: Economic impacts on the Westchester County economy These impacts from the college and its students stem from different industry sectors and spread throughout the county economy. Table 2.8 displays the total impact of SUNY WCC by each industry sector based on their two-digit NAICS code. The table shows the total impact of operations, students, and alumni, as shown in Table 2.7, broken down by each industry sector’s individual impact on the county economy using processes outlined earlier in this chapter. By showing the impact from individual industry sectors, it is possible to see in finer detail the industries that drive the greatest impact on the county economy from the spending of the college and its students and from where SUNY WCC alumni are employed. For example, the spending of SUNY WCC and its students as well as the activities of its alumni in the Professional & Technical Services industry sector generated an impact of $98 million in FY 2021-22. Table 2.8: Total SUNY WCC impact by industry, FY 2021-22 Industry sector Total income (thousands) Jobs supported Government, Education $102,531 1,329 Professional & Technical Services $97,967 885 Health Care & Social Assistance $62,621 643 Government, Non-Education $59,004 364 Information $32,712 134 Retail Trade $32,626 362 Finance & Insurance $30,304 108 Wholesale Trade $23,211 85 Arts, Entertainment, & Recreation $20,245 364 Real Estate & Rental & Leasing $19,683 243 Other Services (except Public Administration) $19,209 505 Construction $16,784 162 Manufacturing $12,510 57 Educational Services $12,025 225 Management of Companies & Enterprises $11,594 52 Accommodation & Food Services $11,404 162 Administrative & Waste Services $10,469 126 Utilities $8,128 8 Transportation & Warehousing $2,432 23 Agriculture, Forestry, Fishing, & Hunting $111 1 Mining, Quarrying, & Oil and Gas Extraction $38 <1 Total impact $585,605 5,837 Source: Lightcast impact model. 100 + 95 + 61 + 57 + 31 + 29 + 22 + 19 + 19 + 18 + 16 + 12 + 11 + 11 + 11 + 10 + 7 + 5 + 3 + 2 + 2 100 + 66 + 48 + 27 + 10 + 27 + 8 + 6 + 27 + 18 + 37 + 12 + 4 + 16 + 4 + 12 + 9 + 1 + 3 + 1 + 1
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