UMass Lowell Economic Development Study
November 2015
For UMass Lowell, the Institute developed a detailed report demonstrating the economic effects of the University on the Lowell region. The report expanded on the findings of the UMass Economic Contributions Analysis for Fiscal Year 2013 to include the economic effects of UMass Lowell research expenditures, the Massachusetts Medical Device and Development Center (M2D2), the Tsongas Arena, and the Inn and Conference Center.
The report found an $854 million effect on the economy and underscored the vital contributions of the University’s activities to the Lowell region.
