How Much Is U of Alabama in Huntsville Worth To Huntsville? Almost $700 Million Each Year

The University of Alabama in Huntsville is worth almost $700 million annually to the Rocket City economy, the school announced today. The figures came from a recent study completed by Tripp Umbach, a nationally recognized consulting firm in Pittsburgh. Specifically, UAH had an economic impact of $684.4 million for 2009-2010 and that impact led to the creation of an estimated 7,773 jobs statewide, according to the study. "The university affects business in the state of Alabama in two ways: 1) Direct expenditures for goods and services by the university, its employees, students and visitors," UAH said on its website.