Sam Houston State University is making an economic impact at both local and regional levels, according to a new economic impact study authored by SHSU economic professors Ed Blackburne and Bill Green.
During the 2012 fiscal year, direct spending of $250 million by the university, its employees, students and visitors, as well as indirect spending by recipients of the original expenditures, contributed $290 million in local economic impact and $570 million to the region–according to the study. Translated another way, one dollar of every six generated in Walker County is supported by Sam Houston State.
The university supported an estimated 4,567 jobs directly and indirectly in Walker County, and 6,008 jobs regionally. More than one in six jobs in the local economy are attributable to SHSU.
Total personal income generated locally was $117.4 million and $520.8 for the region.
For every one dollar in state funding appropriated to SHSU, 68 cents in tax revenue is returned to state and local governments.