Liberty FlamesA new study shows Liberty University is a big contributor to the Lynchburg area’s economy. The study, which was commissioned by Liberty; according to AP, estimates the school was responsible for upwards of $1 billion in economic activity during the 2013-2014 fiscal year of that, $567 million was generated by students, tenants and visitors that spent money in the Lynchburg Metropolitan Statistical Area during the period. The Area includes the city of Lynchburg and Appomattox, Amherst, Bedford and Campbell counties. Officials believe the impact of the University will be beneficial when city leaders meet with bond rating agencies.