Library a key economic source, according to study
— reported by the Pittsburgh Business Times
The Carnegie Library of Pittsburgh sustains more than 700 jobs annually and has an economic return of $91 million, according to results of a study released Thursday.
The library generates a return of more than $91 million to the economy of Allegheny County, which equals $6 for every dollar of local public funding, and $75 worth of annual benefits per person in the county.
The study also found that accounting only for circulating books, DVDs and videos as well as databases, the library provides an estimated value of $41 million to library customers each year.
“The study was conducted by the library in conjunction with the Carnegie Mellon University Center for Economic Development. “