UMass Dartmouth Generates $466M in Annual Economic Impact
A new study shows that UMass Dartmouth generates nearly half-a-billion dollars in statewide annual economic impact.
The study released by the Donahue Institute measured the impact of the University's local operating expenditures, major construction projects, and the spending of campus faculty, staff, and students.
University spokesman John Hoey says the campus employs over 1,300 people, and supports employment throughout the region. "Through purchasing of goods and through the purchasing of services and goods by our 10,000 students, that all creates an additional 2,255 jobs beyond the UMass Dartmouth campus," said Hoey.
Hoey says community service performed by students, along with research into the local fishing industry and biotechnology also counts for much of the economic impact the University has on the local community.
The campus generates $466 million in annual economic impact in Massachusetts.