Northwestern Michigan College study shows economic impact in surrounding counties
Mon, 25 Aug 2014 23:18:44 GMT —
Northwestern Michigan College (NMC) completed an economic impact study showing the effect it has on its surrounding counties.
The study showed that NMC contributes more than $130 million in total sales of goods and services to the region.
It also showed that NMC had a presense of $62.6 million in personal income annually, along with supporting 1,822 jobs.
Some of the economic impact comes from jobs and community programs they run, along with the contributions the college makes for producing well-trained professionals who stay in the area after graduation.
"We certainly can offer local businesses well trained folks who can work here, live here, and raise families here," Karen Ruedinger, NMC Planning & Marketing Understanding Coordinator, said. "I think the college is a critical component for our community. This study simply provides some numbers to provide evidence to what we know. (We) feel that we're better off as a community because NMC is here."
NMC's Research, Planning & Effectivenes department presented the study at a board meeting on Monday.