The economic and community impact of the University of Missouri System, FY 17
Abstract
In November 2017, the University of Missouri System (UM System) retained Tripp Umbach to provide comprehensive analysis on the economic, employment and government revenues that arise from UM System operations and expenditures. The impact analysis measured effects throughout the state of Missouri and each of its four campuses, in Columbia, Kansas City, Rolla and St. Louis, as well as MU Extension and MU Health Care.
The influence the UM System and the aforementioned entities have on the vitality of the economy within each region and across the state includes business volume impacts (capital expenditures, operational expenditures, salary data and state and regional business volumes); direct and indirect/induced employment; government revenue at the local and state levels; employee and student spending in the local economy on goods and services; and visitor spending on the economy (wage premiums, job creation, etc.). This report outlines the overall impact of the UM System on the state of Missouri, as well as the impact of the system's four distinct campuses, extension organization and academic medical center.
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