4 Texas A&M International University (TAMIU) generates substantial economic value for Webb County through its operations, student spending, and the long-term impact of its alumni. In fiscal year 2024 (FY24), TAMIU disbursed $77 million in payroll and benefits to 1,778 full and part-time employees, including faculty. The University spent an additional $26 million on operational expenses, including facilities, supplies, and professional services. This institutional spending creates significant multiplier effects throughout Webb County’s business sectors. The study finds that TAMIU’s direct spending on payroll, benefits, and operations, combined with student expenditures, generated $183 million in additional Gross Regional Product (GRP) for Webb County’s economy. This economic activity is equivalent to creating approximately 2,400 new jobs. Furthermore, TAMIU’s alumni-generated human capital and capital expenditures produced ancillary impacts of $191 million, equivalent to creating over 3,900 jobs. Together, these impacts represent 3.3% of Webb County’s total GRP. EXECUTIVE SUMMARY TAMIU Generated $374 Million in GRP and nearly 6,300 Jobs for the Webb County Economy in 2024
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