Study: Notre Dame has $2.46 billion impact on region's economy

NOTRE DAME, Ind. (WNDU) - A study released Thursday morning shows the University of Notre Dame has a $2.46 billion annual impact on the region.

An economic impact report prepared by Econsult Solutions looked at the University's economic impact on St. Joseph, Elkhart and Marshall counties. Notre Dame measures its impact on the local economy every five years.

Based on results from 2017, Notre Dame is being credited with supporting 16,700 jobs in the region

According to the study, a new segment of the report, called wage premium, highlights the impact of high-earning potential individuals who circulate their household earnings into the local economy. The study shows around 10,000 Notre Dame alumni live in Indiana. This translates to $76 million in wage premium that is associated with the state's workforce.

The report also shows the economic impact for each Notre Dame home football game weekend. Each weekend has an impact of $26.4 million. Football game visitors make an impact of about $185 million per year.

Around 660,000 visitors during football weekends spend $133 million per season on lodging, food, transportation and retail purchases, according to the report.

On average, 100 private planes fly through South Bend per game during home football weekends.

You can read the full report here.