TAMIU Economic Impact Analysis FY 2021

Regarding job creation, TAMIU’s employment multiplier is 1.25 , meaning that every TAMIU Direct Job supports 1.25 jobs in the total economy: the original job and 1/4 additional job. This indicates that one out of every 65 jobs in Webb County is supported by the activities of TAMIU and its students. If we include TAMIU’s ancillary impacts, then the activities of the University and its students accounts for one of every 22 jobs in Webb County. Return on investment (ROI) is a performance measure used to assess the efficiency or profitability of an investment. While corporations and businesses usually use it to develop business cases and evaluate investment decisions, this study applies ROI to measure the economic impact of the total State Appropriations granted to TAMIU in a given fiscal year (FY). For FY 2021, the State of Texas contributed $44.1 million in state appropriations. Considering TAMIU produced $162.1 million in total output from operations and student expenses, the ROI is 3.7 . That figure is further improved when considering the University’s ancillary impacts (alumni and capital expenditures) which increase the ROI to 8.1 . 21