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March 23, 2017:  Federally funded research facilities in Boulder and the rest of Colorado contributed about $2.6 billion to the state's economy in 2016 and supported more than 17,600 jobs, according to a report issued today by the University of Colorado's Leeds School of Business.

CO-LABS Economic Impact Study Boulder Camera article

Of that $2.6 billion, the largest share of economic benefit by county was seen in Boulder County, at $1.1 billion.

Statewide, the report showed that Colorado's federally funded labs directly employed nearly 7,800 people in fiscal year 2015, and supported an additional 9,800 jobs through the multiplier effect — that is, people employed by instrument manufacturers, utility companies and more.

The 41-page report — the latest iteration of a study conducted also in 2008, 2011 and 2013 — comes at a time when a new presidential administration has proposed serious cuts to spending in scientific research.

Read more from the Camera or go to our webpage with more detals and download the Study