State of Texas

Economic Impact of PVAMU on the State of Texas:

  • The direct spending impact on the State of Texas is $267,736,156 annually.
    • The direct economic impact of PVAMU on the State of Texas is estimated at $267.74 million per year. This impact includes $67.56 million in wages and salaries for faculty and staff, $59.88 million in other institutional spending, $85.10 million in spending by undergraduate students, $40.36 million in spending by graduate students, and $14.83 million in spending by visitors to the University.
  • The total output impact on the State of Texas is $553,573,641 annually.
    • The total economic impact of PVAMU on the State of Texas is estimated at $553.57 million annually, which includes $267.74 million in direct impact, which in turn generates an additional $285.84 million in secondary effects. The total economic impact includes $160.41 million in wages and salaries for faculty and staff, $167.37 million in other institutional spending, $135.43 million in spending by undergraduate students, $65.95 million in spending by graduate students, and $24.41 million in spending by visitors to the University.
  • The labor income impact on the State of Texas is $222,381,445 annually.
    • The labor income impact of PVAMU on the State of Texas is estimated at $222.38 million annually. Of this total, $97.69 million is generated by faculty and staff wages and salaries, $62.53 million by other institutional spending, $35.64 million by undergraduate student spending, $19.73 million by graduate student spending, and $6.79 million by visitor spending.
  • The employment impact on the State of Texas is 4,047 full-time jobs.
    • The PVAMU operations support a total of 4,047 full-time jobs in the state of Texas. Of the total, 1,788 jobs are supported by faculty and staff wages and salaries, 912 jobs by other institutional spending, 784 jobs by undergraduate student spending, 412 jobs by graduate student spending, and 152 jobs by visitor spending.
  • The increase in lifetime earnings power of 2012 graduates residing in Texas equals $1,154,999,642 ($1.15 billion). PVAMU also contributed $186,781,094 to additional lifetime earnings of 2012 graduates who reside in other states.
    • Based on gains in lifetime earning streams from a university degree, the University contributes $1.15 billion to additional lifetime earnings of 2012 graduates who reside in Texas. Of this total, $696.62 million is contributed to graduates with Bachelor’s degrees, $427.40 million to graduates with Master’s degrees, and $30.97 million to graduates with Doctorate degrees.

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