Economic Development at Mizzou - Driving Economic Enterprise

MU is a major employer and enterprise within the state of Missouri. Through its capacity to leverage invested state resources, MU supports the enhanced economic well-being of the region, state and country. The focus of the effort centers on the campus’ involvement in collaborative partnerships, resource development, health care and auxiliary operations.

Statewide Economic Impacts of the University of Missouri

The University of Missouri is a major participant in the state’s economy. In 2006 it generated over $2.3 billion in revenues and spent nearly that amount, leading to the employment of almost 24,000 faculty and staff, as well as the education of 64,000 students. The funds earmarked for UM provide a number of important services, from instruction to research to medical care and Entertainment. Its economic activity and level of employment place the University among some of the largest corporations headquartered in Missouri, and as one of the top employers of Missourians. In fact, few other industries play such a large role in the state. While a number of private businesses may be larger in terms of revenues collected (both from inside and outside the state), few of them create as much in-state economic activity (value-added) as the University of Missouri.