Epsilon Economics, the firm behind economic impact studies of the Super Bowl, the Oscars, and the FIFA World Cup, finds the Amsterdam-based manufacturer has paid $681.5 million in wages and generated $49.5 million in state tax revenue since 2016

AMSTERDAM, N.Y., Oct. 11, 2026 /PRNewswire/ -- Sticker Mule today released an independent economic study showing the company has generated more than $2.7 billion in economic activity for New York State over the past decade. The study, conducted by nationally recognized economists at Epsilon Economics, covers 2016 through 2025 and measures the direct, indirect, and induced impact of Sticker Mule's operations on the state economy.

According to the study, Sticker Mule's growth has supported the creation of 9,500 year-long equivalent jobs in New York, including more than 4,000 jobs at suppliers, local businesses, and other employers outside the company. Those jobs came with $681.5 million in wages. The company's activity also generated $49.5 million in tax revenue for New York State, including $18 million in income tax, $15 million in corporate tax, and $6.2 million in sales tax.

"We started Sticker Mule to prove you could build a great company in Upstate, NY," said Anthony Constantino, CEO of Sticker Mule. "Upstate New York has been told for decades that manufacturing is finished here. We proved otherwise."

Key findings from the study include:

• $2.7 billion in total economic impact to New York State, made up of $1.7 billion in direct spending on wages and operations, $642 million in indirect spending on raw materials, equipment, and shipping that ripples through the supply chain, and $387 million in induced spending by employees and partner businesses on housing, dining, shopping, and entertainment.
• 9,500 year long equivalent jobs, including 5,501 directly at Sticker Mule and more than 4,000 follow on jobs in real estate, employment services, warehousing, security, restaurants, hospitals, and other industries across the state.
• $681.5 million in wages paid in connection with those jobs.
• $49.5 million in New York State tax revenue.
• More than $81 million invested in New York facilities and equipment since 2015, including buildings, land, production machinery, and manufacturing equipment in Amsterdam.
• Revenue growth from under $25 million in 2016 to more than $1.4 billion cumulatively, with average annual growth of roughly 50 percent between 2016 and 2021.

The study found that the manufacturing sector received the largest share of the benefit, with more than $1.7 billion in increased economic activity. The services sector saw $686 million, and the wholesale and retail sectors saw more than $188 million. The printing industry alone accounted for more than $1.6 billion of the total.

Beyond the numbers, the report also recognized Sticker Mule's community investment, including contributions to Amsterdam Youth Baseball and the Amsterdam Youth Soccer Club that have expanded access to youth sports for local families.

"When a business grows in a small city like Amsterdam, the whole region feels it," Constantino said. "Our employees buy homes here, eat at restaurants here, and send their kids to school here. Our suppliers hire more people. The study puts a number on something our neighbors already know. Sticker Mule is proof that you can build a world-class company in upstate New York, and we intend to keep doing exactly that."

Sticker Mule produces stickers, labels, magnets, buttons, apparel, and more for customers in over 70 countries. The company is headquartered in Amsterdam, New York, and operates additional manufacturing facilities in Gaffney, South Carolina, and Pisa, Italy.

The full report, The Economic Impact of Sticker Mule on the State of New York, 2016 to 2025, was authored by Ryan Smart, Joe Hale, and Jeremy De Gracia of Epsilon Economics using IMPLAN economic modeling.

You can read the full report here.

Epsilon Economics is one of the most respected names in economic impact analysis. Its economists have been commissioned by the Academy of Motion Picture Arts and Sciences and the Los Angeles Sports and Entertainment Commission to measure the economic impact of the Oscars, the College Football Playoff National Championship, and the FIFA World Cup, and have conducted impact studies of Super Bowl LVI and the NBA All-Star Game. Lead author Ryan Smart, Director at Epsilon Economics, has testified as an expert witness in U.S. District Court.

About Sticker Mule

Sticker Mule is the internet's favorite printer, making it easy to buy custom stickers, labels, magnets, buttons, apparel, and more. Founded in Amsterdam, New York, Sticker Mule ships to customers in more than 70 countries and is committed to American manufacturing and to the communities where its people live and work.

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SOURCE Sticker Mule