Our team is always trying to measure the economic impact of library services. It is notoriously difficult once you get beyond broad benefits and try to pin down the actual numbers.
A new research report from Australia on the socio-economic impact of libraries, Dollars, Sense and Public Libraries, has been published, commissioned by the library network for the state of Victoria.
It uses an economic model that gets as close as anyone can to demonstrating the real economic value of public libraries. Its findings will be of interest to public libraries in the USA, UK and beyond. Please use this quantifiable economic data to back up fund raising strategies. Outlining the value of library services is very important to our profession and society.