UMN Morris Adds $85.6 Million to Minnesota’s Economy Each Year
- National research firm says the University of Minnesota adds $8.6 billion a year to Minnesota's economy—$85.6 million of that comes from the Morris campus.
- The campus generates an additional $4.9 million in state and local government revenue and supports 1,178 jobs across the state.
- For every dollar the state invests in UMN, $13.83 is generated in the economy.
Tripp Umbach, a Pittsburgh-based national research firm, announced this month that the University of Minnesota (UMN) contributes $8.6 billion a year in economic activity to the state of Minnesota: $85.6 million of that comes from the Morris campus.
"This research confirms what we've known to be true: The University of Minnesota—with a presence in every county in the state—is critical to the economic and cultural vitality of our state," said University President Eric Kaler.
Jobs and Revenue
Tripp Umbach found that the employment impacts of the Morris campus supported 1,178 jobs throughout the state. And the campus's operations generated an additional $4.9 million in state and local government revenue.
Tripp Umbach also found that for every dollar the state invests in UMN, it generates $13.83 in the state's economy.
The Overall Impact
Tripp Umbach adds that the University's overall impact to the state, including that of the Morris campus, goes beyond economic outcomes. This impact extends to the development of human capital, the promotion of civic values, and more.
"Our educational model and outstanding faculty prepare students for productive careers and deep civic engagement," said Chancellor Michelle Behr. "Our graduates demonstrate the value of UMM throughout Minnesota while leading state agencies, working at Fortune 500 companies, and serving their communities as advocates and innovators."
Each year about 400 Morris graduates enter the workforce or pursue advanced study, many in Minnesota. There are 14,000 alumni in the state—2,000 of whom live in the west central region.
About the Study
Tripp Umbach's calculations include impacts from UMN's five campuses, University research, outreach initiatives, UMN Extension, M Health, and UMN Research and Outreach Centers between July 1, 2016, and June 30, 2017. For more on the University's economic impact and the Tripp Umbach survey, visit government-relations.umn.edu.