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NIH Funding Fuels 407,782 Jobs, $94.58 Billion Boost

3/21/2025

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Summary

Story summary

The 2025 Annual Economic Report by UMR evaluates NIH's influence on the U.S. economy.
In FY2024, NIH funding created 407,782 jobs and generated $94.58 billion in economic activity.
Each dollar of research funding resulted in $2.56 of economic activity.
The report features state-specific resources and graphics for public dissemination.

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Story summary

The 2025 Annual Economic Report by UMR evaluates NIH's influence on the U.S. economy.
In FY2024, NIH funding created 407,782 jobs and generated $94.58 billion in economic activity.
Each dollar of research funding resulted in $2.56 of economic activity.
The report features state-specific resources and graphics for public dissemination.