Wednesday, May 26, 2010

Google contributes $643 million to Missouri economy annually

The largest search engine in the United States is estimated to contribute $643 million to Missouri's economy annually, a new study from Google says.

The study released by Google Wednesday pegs the company's total economic impact nationally at $54 billion.

"Many people also know Google as a set of tools they use to make a living," Google's Vice President for Online Sales Claire Hughes Johnson said. "Through our search and advertising programs, businesses find customers, publishers earn money from their content, and non-profits solicit donations and volunteers. These tools are how Google makes money, and they’re how hundreds of thousands of other businesses do, too."

While Missouri accounts for just a fraction of the search giant's national impact, Google estimates an impact for some 22,200 businesses and advertisers in Missouri.

Google also claims to have contributed almost $800,000 to 50 non-profits in Missouri in 2009.

The full economic impact analysis is here.


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