January 11, 2007 Libraries are Key to Building Local Economic Base Says New Study

EVANSTON, Ill. -- Public libraries build a community’s capacity for economic activity and resiliency, says a new study from the Urban Institute. Making Cities Stronger: Public Library Contributions to Local Economic Development adds to the body of research pointing to a shift in the role of public libraries—from a passive, recreational reading and research institution to an active economic development agent, addressing such pressing urban issues as literacy, workforce training, small business vitality and community quality of life. The study was commissioned by the Urban Libraries Council (ULC) and funded by the Bill & Melinda Gates Foundation and Geraldine R. Dodge Foundation.

To read the full press release and the report, visit the ULC Web site.

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Bill & Melinda Gates Foundation
Guided by the belief that every life has equal value, the Bill & Melinda Gates Foundation works to help all people lead healthy, productive lives. In developing countries, it focuses on improving people's health and giving them the chance to lift themselves out of hunger and extreme poverty. In the United States, it seeks to ensure that all people—especially those with the fewest resources—have access to the opportunities they need to succeed in school and life. Based in Seattle, the foundation is led by CEO Patty Stonesifer and co-chair William H. Gates Sr., under the direction of Bill and Melinda Gates and Warren Buffett.