MSU, others donate $14B to state economy
Michigan’s three largest universities contributed about $14.8 billion to the state’s economy in 2009, in spite of the region’s inability to experience positive economic growth, according to a report released Thursday. The University Research Corridor, or URC, — comprised of MSU, the University of Michigan and Wayne State University — increased its economic impact to the state by about 15 percent from about $12.9 billion in 2006, said Patrick Anderson, founder of Anderson Economic Group which led the 2010 Empowering Michigan report. “The research universities should be commended for benchmarking themselves,” he said.