Main menu Utility Navigation Penn’s Economic Impact on Pennsylvania and Philadelphia Tops $14 Billion As Philadelphia’s largest private employer, Penn has a profound impact on the local and state economy. A recent conducted by Econsult Solutions, Inc. of Philadelphia has found that the University and have a combined economic impact on the city and state of more than $14 billion in fiscal year 2015. Penn contributed $14.3 billion yearly, or $39 million per day, to the economy of the in fiscal year 2015, and $10.8 billion, or $29.6 million per day, to the . According to the report, Penn generates $1 out of every $20 in Philadelphia's general fund and one of every nine jobs in the Philadelphia economy. “The University of Pennsylvania and its Health System are an innovating force for good in P
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