Northwest Arkansas Times from Fayetteville, Arkansas on August 10, 1972 · Page 34
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 34

Fayetteville, Arkansas
Issue Date:
Thursday, August 10, 1972
Page 34
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Augurt 10, : an INDUSTRY! The University of Arkansas Is not an industry---but its economic benefits to the people of Arkansas are easily comparable with those emanating from the largest industries it1 the state. This is particularly true in Fayetteville and Northwest Arkansas. ; The Fayetteville campus payroll for approximately 3;000 faculty, staff, and other employees amounts to'more than. $2,000,000 a month. This money is !argly spent in the. Fayetteville and Northwest Arkansas economy. No One can tell how much flows into the economy from expenditures ofthe more than 12,000 students enrolled at the University -- but it obviously Is a substantial amount, reaching into several millions of dollars annually. And when you think about construction payrolls and expenditures for construction supplies, it is interesting to know that th^ UA Fayetteville campus '.has expended more than $40,000,000 on construction in 'the past decade. Is the tourist d6lldr welcome .in our local economy? You bet it is. And the UA campus is one of the biggest lures for tourists and other visitors that any community of this size possibly could desire. Many thousands of people arrive in Fayetteville each year to see ftazorback athletic contests and campus entertainment evnts. The University museum draws 20,000 visitors annually. Thousands of others arrive on the campus to participate in seminars, conferences, and institutes, or to visit with their sons and daughters who are students. At Commencement time, fhousands of parents and other visitors come to Fayetteville and shop at its retail establishments. We are glad 'that the University of Arkansas is primarily an educational institution which provides quality programs of teaching, research and public service. We also are delighted that it is.'o 1 locally situated institution which exerts on inestimable impact upon the economic well-being of all of us--residents and business establishments alike. it 3? I* 1 , ?« MAST Pharmacy Phone 846-2195 Prairie Grove Fayetteville Savings and Loan Assn. 201 North East- Avenue FAYETTEVILLE COCA-COLA BOTTLING CO. Bcttltd Undtr Authority cf the Coca-Cola Compuny EVELYN HILLS SHOPPING CENTER Phone 442-7345 HOLSUM BREAD SHIPLEY BAKING CO. Foyefreville, Ark. GOOD/YEAR SERVICE STORES 104 N. East Avenue Fayetteville McCLINTONBROS.CO. Lime-Gravel-Crushed Rock General Offices: 20 East 'Center Farmers and Merchants Bank of Prairie Grove te

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