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Investment in Early Care & Education
The Ripple Effect: The $2 to 1 Rapid Economic Multiplier Effect on Business from ECE Investment
Before the pandemic, public and private investment in ECE was already growing our economy in ways that benefited all of us. In 2017, an estimated $13.5 billion industry rippled through California's economy to yield a total of $24.5 billion in economic growth in other sectors, including local and regional businesses. Research shows that every $1 that California invests in early care and education, focused especially on compensation paid to educators, generates almost $2 ($1.88) in economic growth in local and regional economies.
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