United for Medical Research released a new report detailing the economic impact of NIH spending in health research sectors.

In 2010, NIH investment resulted in 487,900 new jobs as well as $68.035 billion in new economic activity. Extramural research, economic expansion, and medical innovations that result from such investments are arguably valuable to the struggling U.S. economy.

In terms of NIH investment impact on Alaska, Alaska has received extramural research money ranging from a low of 3.6 million in 2000, a high of 15.4 million in 2005, and most recently 11.3 million in 2010. For FY2010, an estimated 1,334 Alaskan jobs were supported by NIH funding.

To access the full report, click here and find the link to the article on the right hand side of the website.

 

 

About ACPP_archive

formerly Alaska Center for Public Policy

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