UAB is the most significant single contributor to the Alabama economy and the leading generator of jobs, according to a new study by Tripp Umbach.
The study revealed UAB made a $12.1 billion impact on the state in 2022. That is a 163% increase since 2008, when UAB made a $4.6 billion impact.
"We are proud that our positive impact in Alabama and on Alabamians continues to grow with the active partnership and support of the University of Alabama System Office and UA System Board of Trustees," UAB president Ray Watts said. "We exist to improve lives, and this report is evidence of our growing impact."
UAB employed nearly 28,000 people at its medical health, academic and research centers:
UAB Academic: $5.5 billion impact
UAB Health System: $6.4 billion impact
Southern Research: $221.8 million impact
"Our economic impact continues to grow across all areas of our mission thanks to our talented students, faculty, staff, alumni and supporters," Watts said. "While important, economic impact is only one way we contribute to our city, state and beyond. As much as we focus on that impact, we will continue to focus on the positive impact we can have on people across our education, research, patient care and community service missions."
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