University of Montana is western Montana’s largest employer

It is no secret that the University of Montana is a major driver of Missoula’s economy. Not only is it the largest single employer in western Montana, but the students and visitors it attracts spend money on everything from housing to craft beer every year.

The Bureau of Business and Economic Research at the University of Montana took a look at the specific ways that UM boosts the local economy. It found the presence of the university creates 9,700 jobs statewide, $1 billion in after-tax income, $200 million in state tax revenues and $352 million in annual investment spending. The average compensation per job in Montana is $1,346 per year higher because of UM. All of the findings take into account the tax support and tuition dollars the university receives from Montanans as a public education institution.

DAVID ERICKSON [email protected]

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