Document Number: 9636Strengthening New York Businesses Through Investments in Early Care and Education - This report from America's Edge shows that investing in early childhood education can stimulate the economy because providers buy goods and services from local businesses and hire teachers and staff who, in turn, make their own purchases. All of this economic activity supports more jobs in the community. For New York, the report shows that every dollar invested in ECE generates $1.86 of additional spending. In other words, if the state invests an additional $3.6 billion to serve all children from birth to five, it would generate $3.1 billion of net economic activity. (America's Edge 2010)...
Related IssuesP-3 Evaluation/Economic Benefits