In a recent Pacific Institute and Vox Global survey, about 80 percent of U.S. companies reported that water availability has become an issue for their business, particularly among firms in the South and Southwestern regions of the country. About 63 percent said water issues would affect their future location decisions, and more than half reported that they expected water scarcity to impact their growth and profitability over the next five years. This year’s Global Risks report from the World Economic Forum, ranked water concerns as the third greatest risk to the global economy, separate from and ranked above climate change and extreme weather events. In recognition of these developments, Michigan’s University Research Corridor institutions have begun highlighting their work in the water economy.