Southeast Missouri State University makes a far-reaching contribution to Missouri’s economy, according to a new Economic Impact Study presented to the SEMO Board of Governors by international labor market analytics firm Lightcast.
The report reveals that SEMO contributed $1.4 billion to the state’s economy in fiscal year 2023-24, equivalent to supporting 14,725 jobs across Missouri and providing a substantial return for the students and taxpayers who invest in the University.
According to SEMO President Dr. Carlos Vargas, the study confirms that SEMO is not just a place of learning; it’s a driver of economic vitality. Adding, from the campuses in Cape Girardeau, Kennett, and Sikeston, the university’s work fuels opportunity, innovation and growth for the entire state of Missouri.