An economic impact report from Mangum Economics has found that Liberty University generates more than $1 billion in economic activity per year.
According to the report, spending in Lynchburg by the university, its associated enterprises, students, and visitors totaled $618.3 million during 2016-2017.
Source: https://www.virginiafirst.com/news/local-news/study-liberty-university-generates-1-billion-per-year-in-economic-activity/1471880219