According to the economic impact study released on Feb. 16, IU Southeast contributed $124.4 million to the local economy, including thousands of jobs. “The $124 million economic impact figure represents the direct spending of IUS in Indiana,” Mark Land, associate vice president for University Communications at Indiana University, said. “It has two components — direct spending and indirect or induced spending.Direct spending is for employee salaries and spending with vendors and companies in Indiana that serve the campus in some way. It also includes spending by students and visitors to the campus.” The entire Indiana University system, including all eight regional campuses and IU Health, impacted the economy with an $11.5 billion in the 2010-11 fiscal year.