Economic Impact of Health Research
Investment: Funding sources for overall research and development (2004)
| Source of R&D Funding | Investment | State Rank |
| Federal Government | $2,205,600,000 | 13 |
| Industry | $121,600,000 | 40 |
| Universities | $16,900,000 | 49 |
| Non-profit | $35,000,000 | 24 |
| Other * | $3,800,000 | 48 |
| Total | $2,382,800,000 | 27 |
* Other represents funding from state and local governments and funding for Federally Funded Research and Development Centers from non-federal sources.
Source: National Science Foundation, National Patterns of R&D Resources , 2006
Highlights from local economic impact studies
The Association
of American Medical Colleges reports that the member medical schools and
teaching hospitals in the state had a combined economic impact of $6 billion and a total employment impact of 40,300 in 2005.
In 2001, American University (AU)
had an economic impact of more than $600
million on the District of
Columbia. AU
also directly employed more than 7,100
people.
George Washington
University employed 8,300
workers and paid out more than $330
million in salaries and benefits during FY 2001.