March 03, 2007

The FY 2006 Economic Impact of Continuing Operations of the University of Connecticut Health Center (Fourth Report)



The economic and fiscal benefits of the presence of the University of Connecticut Health Center to the economies of Hartford County and the State of Connecticut was detailed in this report. The study analyzed the myriad activities of the Health Center due to the fact that these activities generate local and state tax revenue. The analysis used the REMI model to show that the $102 million state contribution of the Health Center in FY 2006 generated $707 million in new personal income, $938 million in new gross state product, $116 million in gross state and local tax revenue, $98 million in gross state and local expenditure, and over $18 million in net state and local tax revenue on average each year.

Connecticut Center for Economic Analysis – The FY 2006 Economic Impact of Continuing Operations of the University of Connecticut Health Center (Fourth Report) [full PDF]