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Here is a look at USC’s economic impact on the City of Los Angeles and California:

A new independent economic study on USC shows that the university – which is the City of Los Angeles’ largest private sector employer – is also one of California’s major economic engines.
The new report, “Economic Impact Analysis of the University of Southern California Annual Operations,” shows that USC generates $4.9 billion annually in economic activity in the Los Angeles region and beyond.

USC Has Nearly $5 Billion Economic Impact [uscnews]