Economic impact of UAB Academic on Alabama - infographicThe University of Alabama at Birmingham is a world-renowned institution offering more than 120 areas of study across 12 undergraduate and graduate schools/colleges:

  • College of Arts and Sciences

  • Collat School of Business

  • Honors College

  • School of Dentistry

  • School of Education

  • School of Engineering

  • School of Health Professions

  • School of Medicine

  • School of Nursing

  • School of Optometry

  • School of Public Health

  • The Graduate School

With more than 19,500 enrolled students as well as more than 120,000 alumni living throughout the United States and world, the reach of UAB students and their outstanding educational experience is expansive.

Every day, UAB Academic programs generate impacts to the Birmingham region and the state by educating students and attracting future scholars. The impacts of the UAB Academic activities are outlined below.

GENERATING ECONOMIC IMPACT FOR THE STATE

The UAB Academic division is a powerhouse for economic activity. UAB Academic spends in a variety of ways, across multiple economic sectors throughout the state of Alabama. The presence of UAB Academic helps to create a diverse and stable economy locally as well as statewide.

Economic impact of UAB Academic on Birmingham MSA  - infographicDirect spending by UAB Academic to vendors and employees helps to generate additional spending in the area as well as throughout the state. Operations of UAB Academic directly or indirectly impact residents throughout Alabama every day. In FY16, the direct spending of UAB Academic, in combination with the indirect and induced impacts of dollars’ being re-spent throughout the state economy, generated more than $2.7 billion in overall economic impact.

As a result of expenditures on goods and services by UAB Academic, its faculty, staff, students and visitors, the overall economic impact of UAB Academic operations on the state of Alabama in FY16 was $2.7 billion ($1.3 billion in direct impact and $1.4 billion in indirect and induced impact).

GENERATING IMPACT IN THE REGION

Direct spending by UAB Academic also generates significant economic activity throughout the Birmingham region. In FY16, the direct spending of UAB Academic in combination with the indirect and induced impacts of dollars’ being re-spent throughout the regional economy generated $2.3 billion in overall economic impact to the Birmingham region ($955.7 million direct impact and $1.3 billion indirect and induced).

CREATING AND SUSTAINING JOBS THROUGHOUT THE STATE

In FY16, UAB Academic supported 25,873 jobs in the state of Alabama. These jobs (both fulltime and part-time) include not only direct employment by UAB Academic (15,197 jobs), but also indirect and induced jobs (10,676) that are supported as a result of UAB Academic, employee, student and visitor spending.

Employment impact of UAB Academic on Alabama  - infographicUAB Academic directly supported 15,197 jobs (full-time or part-time) during FY16. UAB Academic supports thousands of jobs statewide in virtually every sector of the Alabama economy, such as construction, business and professional services, restaurants and hotels, information technology, security, and temporary employment companies. These indirect and induced jobs (10,676 jobs) support the more than 15,197 jobs held by Alabama residents directly employed by UAB Academic.

SUPPORTING JOBS IN THE REGION

In FY16, UAB Academic directly employed 13,908 individuals (full-time or part-time positions) living, and therefore spending dollars, in the Birmingham region. This direct employment generates additional spending throughout the region that in turn supports additional indirect and induced jobs created when UAB Academic, its employees, students and visitors spend in the region. In total, UAB Academic supports 23,644 jobs throughout the Birmingham region.

GOVERNMENT REVENUE IMPACT FOR THE STATE

It is a common misperception that public universities do not generate tax revenue. State and local government revenues attributable to the presence of UAB Academic totaled $105.1 million in FY16 ($26.4 million in direct and $78.7 million in indirect and induced impact).

Employment impact of UAB Academic on Birmingham MSA  - infographicThrough its local spending, as well as direct and indirect support of jobs, the presence of UAB Academic stabilizes and strengthens the local and statewide tax base. UAB Academic is an integral part of the state’s economy — generating revenue, jobs and spending.

GOVERNMENT REVENUE IMPACT FOR THE REGION

State and local government revenues attributable to the presence of UAB Academic totaled more than $96.5 million ($5.6 million in direct and $90.9 million in indirect and induced impact) in FY16 for the Birmingham region.

Government revenue impact of UAB Academic on Alabama  - infographicGIVING BACK TO THE COMMUNITY

Not only does UAB Academic directly and indirectly affect the economy of Alabama and support jobs throughout the state, it also touches the lives of residents by way of community support. UAB Academic, its employees and its students all take active roles in engaging with the local as well as larger communities, donating time and dollars to support their community.

Tripp Umbach estimates that UAB Academic faculty, staff and students generated more than $43.4 million annually in charitable donations and volunteer services. These community impacts are in addition to the economic impact of UAB Academic and include:

  • $11.2 million donated to local charitable organizations by UAB Academic faculty, staff and students.

  • $32.2 million in value of volunteer time provided to area communities by UAB Academic faculty, staff and students.