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 MU and the economyBy ALICIA SCHAMBURG
• During the past decade, MU has conducted $1.9 billion in research, providing the state economy with $3.56 billion. • Missouri’s economy benefits as MU brings in an average of $2.4 million in private donations, spends $9.7 million in payroll and wins $3.5 million in outside funds for research. • MU’s research has a $440 million annual impact on Missouri. • Attendance at MU athletic events in 2007 was more than 1.1 million. The fans generated more than $18 million in revenue and $1.3 million in sales tax. • In 2006, the university’s business development extension initiatives served 3,300 clients; helped create $466 million in increased sales; and added or retained 5,657 jobs. • Patrons from 30 states purchased 55,000 University Concert Series tickets, generating $5 million in sales, $780,000 in guest lodging and meals with $70,000 in sales tax. Sources: ColumbiaREDI.com; missouri.edu RELATED: College Town, USA |
