A new study shows that the UH System generates $3 billion annually in economic benefits for the Houston-area:
According to the study, the UH System’s annual impact on the Houston-area economy equates to that of a major corporation — bringing in annually to the Houston area $1.1 billion in new funds which produce about $3.1 billion in total economic benefits that in turn generate 24,000 jobs.
The report also detailed that the UH System produces 12,500 new graduates every year who enter the work force in Houston and throughout Texas.
“It’s important that everyone understands the role that our four universities play in this community,” Gogue said. “Frankly, that’s often taken for granted. This study clearly spells out the considerable impact we’re having. But beyond the impressive numbers, we’re also talking about the perception. The value of a university isn’t a sum total of academics and research alone. Value is perceived. So we’re focusing on making sure the perceptions are accurate. Sharing this study allows us to do that.”
The Houston Business Journal story also includes a link to the study.
