New study shows UofSC contributes more than $6 billion to SC’s economy every year

COLUMBIA, SC (WOLO)– On Wednesday, the University of South Carolina released findings of a new study that details the university system’s economic impact on the Midlands and the state. Darla Moore School of Business Economist Joseph Von Neesen is the report’s lead researcher.

According to the study, the university contributes more than $6 billion to the state’s economy every year. In addition, the university supports one out of every nine jobs in the Midlands community, and employ nearly 14,000 people directly.

Neesen discussed the results at a meeting Tuesday.

Officials say the study also examined how the university’s Columbia campus can play a central role in boosting future economic growth in the Midlands, which they say has lagged behind the Charleston and Greenville/Spartanburg metropolitan areas in recent years.

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