Research supported by the National Institutes of Health (NIH) not only saves and improves countless lives, but also supports over 400,000 jobs and almost $69 billion in economic activity across the United States. A recent report published by United for Medical Research illustrates the positive contributions made by the NIH to the U.S. economy.
In 2017, the median state had 4,014 jobs directly due to NIH activity. The income generated by these jobs led to an economic gain of $1 billion or more across 20 states. This was possible in part due to a $2 billion boost to the NIH budget during the 2016 and 2017 fiscal years. These marked the first substantial increases to NIH’s budget in over 10 years, and have led to an $8 billion increase in economic activity during the two-year period between FY2015 and FY2017.
To read the full report, click here.