ECONOMIC ANALYSIS: UH HAS $6.4B ANNUAL IMPACT ON HOUSTON
UH Energy, UH Health Major Contributors to Fiscal Success
One of the key roles a university plays is serving as a productive economic engine for the region.
To make sure it is meeting that obligation, the University of Houston recently underwent a comprehensive economic impact analysis evaluating its costs and benefits.
The results? UH is generating a decidedly positive rate of return on investment for its students, for taxpayers and for society in general, according to data analytics company EMSI. In addition to determining the overall annual economic impact on Houston – $6.4 billion, supporting 61,751 regional jobs – the study focused specifically on the impact of the UH Health and UH Energy enterprises as well as projecting the fiscal future of UH’s new medical school.
“This study allows us to share specific details and verified data that demonstrate exactly how UH has been a good steward of the public and private funds it’s been provided,” said UH President Renu Khator. “It’s reassuring to know that we are generating such a substantial impact on the economy of Greater Houston.”
Highlights from the Reports Include:
University of Houston
UH plays an essential role in the overall economic vitality of the city, developing skilled workers, inspired leaders and expert managers, providing research-based solutions to real-world problems, encouraging cultural advancement and serving as an anchor institution for the community. For every dollar invested in UH, society receives $12.60 in benefits.
UH Energy
In the Energy Capital, it’s fitting UH serves as the Energy University. With an array of academic and research resources, UH Energy serves as a strategic partner to the industry, producing key personnel, technical leadership and innovative experts from the 8,000-plus students in the Energy Coalition. UH Energy added $1.6 billion to the Greater Houston economy, and for every dollar students invest in UH Energy, they receive a cumulative value of $4.50 in higher future earnings.
UH Health
UH offers an extensive assembly of health care-related programs, ranging from instruction and training to research and clinical treatment. Nine colleges are involved with the UH Health initiative, and more than one in every four students is pursuing a related degree. UH Health added $939 million to the Greater Houston economy. For every dollar of public money invested in UH Health, taxpayers receive a cumulative value of $7.80.
UH College of Medicine
This study analyzes the projected value impacts that the College of Medicine will have, once approved by the LCME, during its first decade in operation as a medical school. Projected total income added (FY2019-29) to Greater Houston: $377 million. Every dollar of the initial capital investment will create $4.13 in added income throughout the region.
To read more about the EMSI economic impact study and see the full reports online, please go to uh.edu/economic-impact.
One of the key roles a university plays is serving as a productive economic engine for the region.
To make sure it is meeting that obligation, the University of Houston recently underwent a comprehensive economic impact analysis evaluating its costs and benefits.
The results? UH is generating a decidedly positive rate of return on investment for its students, for taxpayers and for society in general, according to data analytics company EMSI. In addition to determining the overall annual economic impact on Houston – $6.4 billion, supporting 61,751 regional jobs – the study focused specifically on the impact of the UH Health and UH Energy enterprises as well as projecting the fiscal future of UH’s new medical school.
“This study allows us to share specific details and verified data that demonstrate exactly how UH has been a good steward of the public and private funds it’s been provided,” said UH President Renu Khator. “It’s reassuring to know that we are generating such a substantial impact on the economy of Greater Houston.”
| UH's Impact on Houston | |
|---|---|
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$6.4 billion TOTAL IMPACT - OR - |
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61,751 JOBS SUPPORTED |
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$717.6 million Operations Spending Impact |
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$198.6 million Research Spending Impact |
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$102 million Construction Spending Impact |
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$30.7 million Start-up Company Impact |
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$7.6 million Visitor Spending Impact |
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$140.1 million Student Spending Impact |
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$5.2 billion Alumni Impact |
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IMPACTS CREATED BY UH IN FY 2017-18 |
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Highlights from the Reports Include:
University of Houston
UH plays an essential role in the overall economic vitality of the city, developing skilled workers, inspired leaders and expert managers, providing research-based solutions to real-world problems, encouraging cultural advancement and serving as an anchor institution for the community. For every dollar invested in UH, society receives $12.60 in benefits.
UH Energy
In the Energy Capital, it’s fitting UH serves as the Energy University. With an array of academic and research resources, UH Energy serves as a strategic partner to the industry, producing key personnel, technical leadership and innovative experts from the 8,000-plus students in the Energy Coalition. UH Energy added $1.6 billion to the Greater Houston economy, and for every dollar students invest in UH Energy, they receive a cumulative value of $4.50 in higher future earnings.
UH Health
UH offers an extensive assembly of health care-related programs, ranging from instruction and training to research and clinical treatment. Nine colleges are involved with the UH Health initiative, and more than one in every four students is pursuing a related degree. UH Health added $939 million to the Greater Houston economy. For every dollar of public money invested in UH Health, taxpayers receive a cumulative value of $7.80.
UH College of Medicine
This study analyzes the projected value impacts that the College of Medicine will have, once approved by the LCME, during its first decade in operation as a medical school. Projected total income added (FY2019-29) to Greater Houston: $377 million. Every dollar of the initial capital investment will create $4.13 in added income throughout the region.
To read more about the EMSI economic impact study and see the full reports online, please go to uh.edu/economic-impact.
