Massachusetts sees impactful economic lift from research and development
From the NEPM article:
"It's about $8.6 billion that comes into the state, that money supports something in the order of over 46,000 jobs directly," said Rod Motamedi, UMass Donahue Institute assistant director of Economic and Public Policy Research.
He said with the spin off effect, the economic impact for Massachusetts nearly doubles to over $16 billion and 81,000 jobs. Motamedi added if the federal reductions do take place, the research sector and the state's economy figure to take a big hit.
The study was also covered in the New York Times, Bloomberg, Boston Globe, Boston Business Journal and others.
Read article: Massachusetts sees impactful economic lift from research and development
August 04, 2025
