Anderson Economic Group Work

New Study Traces University Impact on State Economy

[Michigan Tech News, Cyndi Perkins, July 17, 2018]

Michigan Technological University created about 4,200 jobs and generated $448 million in spending in the State of Michigan in 2016, delivering a nearly 10:1 rate of return on every dollar the state invests in it, according to an economic impact study released today.

The study by Anderson Economic Group (AEG) also finds that each of Michigan’s 83 counties benefits financially from the University, with Houghton County, where the institution is located, accounting for almost 30 percent of the overall effect.

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