New study shows USM has $603.3 million impact on state annually - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

New study shows USM has $603.3 million impact on state annually

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HATTIESBURG, MS (WDAM) -

A new independent study shows The University of Southern Mississippi has a $603.3 million economic impact on the state each year. 

Results were presented Thursday morning at the Trent Lott Center.

The study was conducted by the firm of Tripp-Umbach.

It shows the university creates and supports more than 7,100 jobs and generates $33 million per year in tax revenue.

"It's good to be able to know the economic impact that we have in a number of different categories and the data helps us to be able to show evidence of the contributions that we're making to the State of Mississippi," said Rodney Bennett, USM president. 

The study estimates the impact of volunteer time and donations to the USM community at $32 million.  

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