UMass System Generates $8.3 Billion in Economic Activity
The five-campus University of Massachusetts system generated a record $8.3 billion in economic activity and supported nearly 40,000 external jobs across Massachusetts, according to a new Donahue Institute report.
“The scope of the operations on our five nationally ranked research universities has a profound impact on the Massachusetts economy overall and every region of the Commonwealth,” UMass President Marty Meehan said. “As the state’s top workforce-development engine, which educates more students than any other college or university in Massachusetts, and as one of the state’s three largest research universities, the university’s economic contribution touches every community.”