Arizona Universities

Economic Impact of Arizona State University, Fiscal Year 2022


Kent Hill, Ph.D.
Research Professor, Department of Economics; and Principal Research Economist, L. William Seidman Research Institute

The spending of Arizona State University and its employees, students, and visitors in fiscal year 2022 had the following direct, indirect, and induced impacts on the Arizona economy: gross product of $4.66 billion, labor income of $3.21 billion, and employment of 55,712.


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Kent Hill, Ph.D.
Kent Hill, Ph.D.
Research Professor, Department of Economics; and Principal Research Economist, L. William Seidman Research Institute

After completing his undergraduate degree in economics at Wake Forest University, Kent received his Ph.D. in economics from Rice University in 1979. He was an assistant professor at ASU from 1978 to 1983. After leaving the university for seven years, during which he worked in the research department of the Federal Reserve Bank of Dallas, he returned to ASU to teach in 1991. He joined ASU’s L. William Seidman Research Institute in 1999.


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