THE PERRYMAN GROUP. The Impact of The University of Texas at Arlington on Business Activity in the Surrounding Region and Texas.

Transcription

1 August 2012 The Impact of The University of Texas at Arlington on Business Activity in the Surrounding Region and Texas THE PERRYMAN GROUP 510 N. Valley Mills Dr., Suite 300 Waco, TX ph , fax www.

2 Table of Contents Introduction... 1 Highlights of Study Findings... 3 The Perryman Group s Perspective... 6 The University of Texas at Arlington... 8 Enrollment and Research Trends... 9 Recent Construction and Improvements The Economic Impact of The University of Texas at Arlington Measuring Economic Impacts Ongoing Operations Construction External Effects Conclusion APPENDICES APPENDIX A: US Multi-Regional Impact Assessment System Methodology APPENDIX B: Detailed Sectoral Results Economic Benefits by Source of Stimulus: Ongoing Activity Economic Benefits by Source of Stimulus: Construction Economic Benefits by Source of Stimulus: External Effects i 2012 by The Perryman Group

3 Introduction by The Perryman Group

4 Introduction The University of Texas at Arlington (UT Arlington or UTA) has long been an important component of the state s higher education system. Higher education is a key factor in success, both from an individual and societal perspective. Higher education institutions contribute to the skill-level of the workforce, cultivate entrepreneurship and associated capital investment, foster research and discovery, and help promote economic development. In addition, graduates provide an ongoing stream of skilled workers and entrepreneurs that permeate the entire economy. Currently, about 35,000 students are enrolled in some 180 programs at The University of Texas at Arlington. In addition to this important role in the educational system of the state, UTA is a notable source of stable, well-paying jobs, generating a substantial economic impact not only through employment, but also through ongoing operations and student and visitor spending. The University of Texas at Arlington is also making significant strides in the area of research and development, with the dollar volume up dramatically over the past decade. In fact, UTA is making strides toward becoming a nationally recognized research (Tier One) university. Various construction projects further enhance the university s positive role in the regional and state economies. It is well-known and documented that geographic areas able to meet the demand for a skilled labor force enjoy an advantage in by The Perryman Group

5 the competitive arena for quality corporate locations. Moreover, the availability of a highly trained supply of personnel is frequently cited as one of the most important factors in attracting desirable new activity, and often businesses with the need for highly-educated workers tend to cluster around major universities. In addition, the capacity, efficiency, and productivity of the economy are enhanced by a ready supply of educated workers. The Perryman Group (TPG) was recently asked to quantify the economic impact of The University of Texas at Arlington on business activity in the surrounding North Central Texas Region and the state as a whole. This report presents the results of the analysis. Highlights of Study Findings In addition to its fundamental role as a provider of higher education for tens of thousands of students, The University of Texas at Arlington is also an important source of economic stimulus to the area. The Perryman Group measured several sources of economic benefits stemming from the university and related activity. These include the impacts of o ongoing operations (including instruction, student and visitor spending, and incremental net sales generated through the university s College Park development); o recent and ongoing construction and major maintenance projects (including the new engineering complex, College by The Perryman Group

6 Park Center and the related mixed-use development, and other improvements); and o external benefits from funded research and the workforce productivity enhancement associated with UTA graduates. The total annual economic benefits stemming from ongoing operations of The University of Texas at Arlington (including educational and research spending as well as student and visitor outlays) were found to be $1.0 billion in output (gross product) and 14,685 permanent jobs in North Central Texas ($1.1 billion in output and 15,417 jobs for the state as a whole). Ongoing operations also generate significant incremental tax receipts; The Perryman Group estimated that these include $34.5 million per annum to local entities and $64.5 million to the State of Texas. The total impact of major recent and ongoing construction projects was found to include $502.7 million in output (real gross product) and 5,861 person-years of employment in North Central Texas. For the state as a whole (including the benefits to the surrounding region), the total impact on business activity is an estimated $539.0 million in output (gross product) and 6,268 person-years of employment. Incremental tax receipts to local taxing entities over the life of the construction projects total an estimated $14.8 million, as well as $30.4 million for the State. The presence of The University of Texas at Arlington enhances the workforce in the region and beyond. A number of graduates remain in the area, leading to lasting productivity by The Perryman Group

7 and employment gains. In addition, UT Arlington is not only an excellent teaching university, but is also making great strides toward becoming a nationally recognized research institution. Research efforts at UTA contribute to both the formation of startup companies and ongoing activity. While it would be inappropriate to attribute all of this activity exclusively to UTA, it does serve to illustrate the extent to which the area is impacted by the institution s ongoing presence. o The total external benefits (including spinoff research effects and graduates employed in the North Central Texas area) were found to include almost $12.8 billion in annual output (gross product) and 122,295 permanent jobs in the region ($13.6 billion in output per year and 131,188 permanent jobs for the state as a whole). o These impacts reflect approximately 4% of the entire regional economy. o This economic activity also leads to incremental tax receipts of an estimated $309.9 million per year to local governments and $638.7 million to the State. Through its ongoing and expanding instructional and research endeavors, UTA serves as an ever-increasing catalyst for individual opportunity and economic and social development by The Perryman Group

8 The Perryman Group s Perspective Dr. M. Ray Perryman, founder and President of the firm, developed the US Multi-Regional Impact Assessment System in the early 1980s and has consistently maintained, expanded, and improved it since that time. The model has been used in hundreds of diverse applications and has an excellent reputation for reliability. In particular, TPG has performed numerous impact assessments for various colleges, universities, and professional and technical schools. Examples include The University of Texas at Austin, Texas A&M University, The University of Texas Medical Branch, M.D. Anderson, Texas State Technical College, the University of Kansas Medical School, Navarro College, The University of Texas Health Science Center at San Antonio, The University of Texas at Tyler, The University of Texas at San Antonio, Baylor College of Medicine, Baylor University, Lamar University, and numerous others. In addition, TPG completed a study for the Bill and Melinda Gates Foundation, which examined the overall economic effects of achieving the goals of the Closing the Gaps initiative of the Texas Higher Education Coordinating Board, as well as a major pro bono study illustrating the effects of creating additional Tier One universities in the state. The Perryman Group has analyzed a number of large mixed-use real estate developments to determine their economic effects both during construction and at maturity. In particular, TPG has evaluated the economic impact of construction projects and large-scale, mixed-use initiatives such as the area around Fort Worth Alliance Airport, the Solana and Vista Ridge developments in the Dallas area, as well as a number of sports and entertainment venues such as the American Airlines Center by The Perryman Group

9 (Dallas), the Alamodome (San Antonio), Fiesta Texas (San Antonio), Six Flags Over Texas (Dallas), and Lone Star Park (Dallas). The firm has also analyzed numerous ongoing mixeduse developments, including The Summit at Rivery Park (Georgetown), Frisco City (Frisco), Villa Muse (Bastrop), the Padre Staples mall expansion (Corpus Christi), and the Port of Charleston (South Carolina). Moreover, the firm has completed numerous major projects for educational institutions and their expansion plans, including an analysis for Lamar University, The University of Texas at Austin s Cockrell School of Engineering, The University of Texas of the Permian Basin, the Temple Medical and Educational District, the Texas Tech University Health Science Center, and multiple institutes and initiatives within Texas A&M University s Research Valley Biocorridor. The firm has also assessed the contributions of graduates on numerous occasions. TPG has extensive experience in the Arlington area. Dr. Perryman developed and maintains the Fort Worth-Arlington Econometric Model and has prepared forecasts of the area on an ongoing basis for about 30 years. The firm has completed hundreds of specialized projects in the area, including, among others, impact assessments, economic development studies, tourism analyses, infrastructure investments, environmental issues, corporate locations, real estate developments, land issues, natural gas drilling, and public policy by The Perryman Group

10 The University of Texas at Arlington by The Perryman Group

11 The University of Texas at Arlington The University of Texas at Arlington is located in the heart of the Dallas-Fort Worth Metroplex in downtown Arlington. The campus covers some 420 acres with more than 100 buildings and has a long history of higher education in the area. Originally established as Arlington College in 1895, the institution transitioned several times before becoming part of The University of Texas System in In 1967, by act of the state legislature, it began using its current name of The University of Texas at Arlington. The university currently employs almost 5,800 faculty and staff. Enrollment and Research Trends Enrollment has grown in recent years and currently stands at approximately 35,000 students, making UTA the second-largest university in the UT System by The Perryman Group

12 UT Arlington Total Fall Enrollment by Year 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 24,888 25,084 28,085 32,975 33, Source: UT Arlington Factbook; The university s 12 schools and colleges conferred just over 5,100 Bachelors degrees in the academic year by The Perryman Group

13 6,000 5,000 4,000 UT Arlington Bachelor's Degrees Conferred by Year 3,861 3,925 3,999 4,178 5,103 3,000 2,000 1, Source: UT Arlington Factbook; UT Arlington Bachelor's Degrees Conferred by School or College School of Architecture College of Business Administration College of Education 519 College of Engineering College of Liberal Arts College of Nursing College of Science 1,233 1,059 School of Social Work School of Urban and Public Affairs University College Source: UT Arlington Factbook; by The Perryman Group

14 UT Arlington is not only an excellent teaching university, but is also making great strides toward becoming a nationally recognized research institution. o Total expenditures for research at UT Arlington have increased significantly over the last decade, rising from $14.5 million in 2000 to nearly $63.6 million in 2010 based on data from the Texas Higher Education Coordinating Board. o The Carnegie Foundation for the Advancement of Teaching classifies UT Arlington as a Research University/High Activity. UT Arlington Total Expenditures for Research $Millions $70.00 $63.59 $60.00 $50.00 $40.00 $33.83 $34.87 $39.62 $50.34 $55.62 $30.00 $20.00 $10.00 $14.55 $19.97 $21.07 $23.31 $22.42 $ Source: Texas Higher Education Coordinating Board Research includes initiatives in such areas as bioengineering, nanotechnology, medical diagnostics, genetically targeted therapies, national security, aging, and others by The Perryman Group

15 Enrollment in key research-oriented programs has grown significantly in recent years. The engineering school has increased by almost 22% from 3,339 students in fall 2007 to 4,066 students in fall An even larger increase has been evident in the school of science, where enrollment has risen from 2,830 students in fall 2007 to 3,736 students in fall 2011 (a 32% increase). The school of nursing has also experienced tremendous growth, more than tripling its enrollment from 1,835 students in fall 2007 to 5,924 in fall UT Arlington supplies the region and the state with highly skilled professionals and has conferred over 118,000 bachelor s degrees. The university has some 157,000 alumni, of which approximately 108,000 live in the North Texas region. Recent Construction and Improvements UT Arlington has also experienced improvements on and around the campus recently through several construction projects. One such project is the Engineering Research Complex, a $155 million project which includes 27,327 square feet of renovation to existing structures, 76,147 square feet for additional research space added to existing buildings, and a new 229,000 square foot engineering building for research. o An upgrade of underground utilities and a new pedestrian mall are also part of the project. o The Engineering Research Complex, completed in 2011, includes state-of-the-art, multidisciplinary research and teaching labs and classrooms, faculty and graduate student by The Perryman Group

16 offices, administrative offices, conference rooms, and support areas. Another project is the $78 million multi-purpose, state-of-theart College Park Center. With a seating capacity of 7,000, the Center is located on the eastern edge of the campus and is home to UT Arlington s men s basketball team and women s basketball and volleyball teams. Other uses for College Park Center include graduation ceremonies, convocation celebrations, concerts, distinguished lecture series, and City of Arlington community events. The Center opened in February College Park is an $80 million, multi-use development project which includes College Park Garage, Vandergriff Residence Hall, The Lofts at College Park apartments, and retail shops. o The College Park Garage includes 619,000 square feet in two parking garage structures with about 1,800 car parking spaces. o Vandergriff Hall is a 501 bed, 164,000 square foot student residence building which fronts Pecan Street and Second Street (Moritz Plaza) and wraps the parking garage structure on two sides. o The Lofts at College Park is an apartment building encompassing 75,000 square feet with 81 units. o The College Park retail shops include a total of 27,000 square feet of tenant lease space dispersed throughout the complex at street grade. Other projects include a YWCA on the west side of the campus that includes a Child Development Center and various maintenance projects by The Perryman Group

17 These construction projects not only enhance the capabilities of The University of Texas at Arlington, but also generate a notable economic stimulus by The Perryman Group

18 The Economic Impact of The University of Texas at Arlington by The Perryman Group

19 The Economic Impact of The University of Texas at Arlington In addition to its fundamental role as a provider of higher education for tens of thousands of students, The University of Texas at Arlington is also an important source of economic stimulus to the area. The Perryman Group evaluated the positive effects of UTA on business activity in the North Central Texas Region and the state as a whole. While the primary economic benefits are felt within the region, significant gains also spill over into various parts of the state. The results for Texas (including benefits both within the North Central Texas Region and in other parts of the state) are, thus, somewhat higher. Several sources of economic benefits stemming from the university and related activity were measured. These include the impacts of o ongoing operations (including instruction, student and visitor spending, and incremental net sales generated through the university s College Park development); o recent and ongoing construction and major maintenance projects (including the new engineering complex, College Park Center and the related mixed-use development, and other improvements); and o external benefits from funded research and the workforce productivity enhancement stemming from UTA graduates by The Perryman Group

20 Following an overview of the methods used in this study, key summary results for each channel of economic effects are presented in tabular and graphical form. In addition, a sectoral breakout of gains in business activity indicates the patterns in industry-level effects. Further detailed results are presented in the appendices to this report, together with additional methodological explanation. Measuring Economic Impacts Any investment or spending by a corporation or public entity generates multiplier effects throughout the economy. Construction and development of a new facility, for example, leads to purchases ranging from concrete to engineering services to landscaping. Ongoing operations also stimulate business activity through purchases and the expenditures by employees of payroll dollars for various goods and services. Direct investments result in stimulus in a variety of sectors, as well as generating spillover benefits for an even wider range of businesses. They also support substantial fiscal revenues for governments at all levels. The Perryman Group developed a model approximately 30 years ago (with continual updates, expansions, and refinements since that time) to describe these interactions. This dynamic input-output assessment model uses a variety of data (from surveys, industry information, and other sources) to describe the various goods and services (known as resources or inputs) required to produce another good/service. An associated fiscal by The Perryman Group

21 model allows for estimation of tax receipts to state and local entities. It has been used in thousands of applications, including numerous studies of higher education and research facilities as well as mixed-use real estate developments. The submodels used in the current analysis reflect the specific industrial composition and characteristics of the North Central Texas Region and Texas. Impacts are expressed in terms of several different indicators of business activity. o Total expenditures (or total spending) measures the dollars changing hands as a result of the economic stimulus. o Gross product (or output) is production of goods and services that will come about in each area as a result of the activity. This measure is parallel to the gross domestic product numbers commonly reported by various media outlets and is a subset of total expenditures. o Personal income is dollars that end up in the hands of people in the area; the vast majority of this aggregate derives from the earnings of employees, but payments such as interest and rents are also included. o Job gains are expressed as person-years of employment (one person working for one year) for temporary projects (such as construction) or as permanent jobs when evaluating ongoing annual effects. All results are expressed on an annual or a cumulative basis in constant (2012) dollars. As noted previously, additional information regarding the methods and assumptions used may be found in Appendix A by The Perryman Group

22 Results are presented for two geographic areas: o North Central Texas, defined here as the North Central Texas Council of Governments Region (Collin, Dallas, Denton, Ellis, Erath, Hood, Hunt, Johnson, Kaufman, Navarro, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, and Wise counties); and o the State of Texas (including the effects on business activity within North Central Texas as well as spillover to other parts of the state). Ongoing Operations Through its ongoing operations, The University of Texas at Arlington generates substantial economic benefits. The majority of these stem from payrolls and purchasing related to instructional programs and research. However, student and visitor spending and incremental sales associated with the College Park development also enhance economic activity. In order to estimate economic benefits of instructional programs and research, The Perryman Group utilized information regarding spending, payroll, employment, and faculty and staffing levels provided by UTA. Net incremental student spending was also quantified using expenditures per student estimates from the College Board. This includes spending by out-of-area students as well as an adjustment for those who would leave the area for education in the absence of UTA. Spending patterns reflect those typical within the area as determined by ACCRA and the Bureau of Labor Statistics by The Perryman Group

23 Tourism and visitor spending is based on estimated spending for athletic events, conferences and other on-campus activities, and visits to students and personnel. These amounts were adjusted to reflect the likely effects of new facilities and conference alignment. The pattern of outlays is consistent with those reflected in major tourism surveys of the region. The incremental sales associated with the College Park development were estimated based on development plans and typical sales per square foot of similar space. The total annual economic benefits stemming from ongoing operations of The University of Texas at Arlington (including educational and research spending as well as student and visitor outlays) were found to be $1.0 billion in output (gross product) and 14,685 permanent jobs in North Central Texas ($1.1 billion in output and 15,417 jobs for the state as a whole) by The Perryman Group

24 The Annual Impact of All Ongoing Activities (Educational and Research Spending as well as Related Student and Visitor Outlays) Associated with The University of Texas at Arlington on Business Activity Total Expenditures $1.905 $2.087 Gross Product $1.094 $1.031 Texas Personal Income Retail Sales $0.346 $0.330 $0.748 $0.708 Permanent Jobs 15,417 - Texas 14,685 - NCTCOG NCTCOG $0.0 $0.5 $1.0 $1.5 $2.0 $2.5 Source: The Perryman Group Billions of 2012 Dollars This economic activity generates significant incremental tax receipts; The Perryman Group estimated that these include $34.5 million per annum to local entities and $64.5 million to the State of Texas. Operations of the university are clearly the majority of the total ongoing effect, but other sources of stimulus also lead to gains including millions in economic activity and hundreds of jobs. The Other Services industrial group (which includes education-related entities) garners the largest gains, along with other consumer-oriented businesses such as retail trade. The economic benefits by source of stimulus and industry are illustrated in the following tables by The Perryman Group

25 Economic Benefits by Source of Stimulus: Ongoing Activity The Annual Impact of All Ongoing Activities (Educational and Research Spending As Well As Related Student and Visitor Outlays) Associated With The University of Texas at Arlington on Business Activity in the North Central Texas Region* and Texas Source of Stimulus Ongoing Instructional Programs, Research, and Other Operations Net Incremental Student Spending Tourism and Visitor Spending Incremental Sales Associated With The College Park Development Total Expenditures (Millions of 2012 Dollars) North Central Texas Texas Region Real Gross Product (Millions of 2012 Dollars) North Central Texas Texas Region Personal Income (Millions of 2012 Dollars) North Central Texas Texas Region Employment (Permanent Jobs) North Central Texas Texas Region $1, $1, $ $ $ $ ,311 12,924 $ $ $ $ $65.45 $ ,398 1,472 $97.32 $ $54.18 $57.30 $32.71 $ $28.25 $30.83 $16.56 $17.43 $9.90 $ TOTAL $1, $2, $1, $1, $ $ ,685 15,417 Source: US Multi-Regional Impact Assessment System, The Perryman Group *Notes: The North Central Texas Region is defined as the North Central Texas Council of Governments Region (Collin, Dallas, Denton, Ellis, Erath, Hood, Hunt, Johnson, Kaufman, Navarro, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, and Wise counties). See the appendices for assumptions, methods used, definitions of economic measures, and further detailed results by The Perryman Group

26 Economic Benefits by Industry: Ongoing Activity North Central Texas The Annual Impact of All Ongoing Activities (Educational and Research Spending As Well As Related Student and Visitor Outlays) Associated With The University of Texas at Arlington on Business Activity in North Central Texas* Sector Total Expenditures Real Gross Product Personal Income (2012 Dollars) (2012 Dollars) (2012 Dollars) Employment (Permanent Jobs) Agriculture $13,730,191 $3,942,041 $2,649, Mining $17,792,774 $4,087,316 $2,187, Construction $45,303,188 $24,191,159 $19,935, Nondurable Manufacturing Durable Manufacturing Transportation and Utilities $149,661,215 $48,133,152 $25,859, $44,695,064 $17,671,213 $11,272, $135,662,219 $60,680,873 $36,675, Information $46,650,601 $28,650,500 $12,383, Wholesale Trade $62,026,375 $41,976,300 $24,203, Retail Trade $329,884,365 $247,381,113 $143,794,757 4,403 Finance, Insurance, and Real Estate Business Services $336,468,563 $86,568,979 $29,379, $74,929,732 $45,952,706 $37,485, Health Services $61,258,628 $43,029,315 $36,381, Other Services $586,583,640 $378,797,346 $325,869,142 7,139 TOTAL $1,904,646,556 $1,031,062,014 $708,077,688 14,685 Source: US Multi-Regional Impact Assessment System, The Perryman Group *Notes: North Central Texas is defined as the North Central Texas Council of Governments Region (Collin, Dallas, Denton, Ellis, Erath, Hood, Hunt, Johnson, Kaufman, Navarro, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, and Wise counties). See the appendices for assumptions, methods used, definitions of economic measures, and further detailed results by The Perryman Group

27 Economic Benefits by Industry: Ongoing Activity Texas The Annual Impact of All Ongoing Activities (Educational and Research Spending As Well As Related Student and Visitor Outlays) Associated With The University of Texas at Arlington on Business Activity in Texas* Sector Total Expenditures Real Gross Product Personal Income (2012 Dollars) (2012 Dollars) (2012 Dollars) Employment (Permanent Jobs) Agriculture $35,856,027 $10,595,855 $6,988, Mining $30,181,595 $6,995,983 $3,871, Construction $52,669,037 $28,109,771 $23,164, Nondurable Manufacturing Durable Manufacturing Transportation and Utilities $198,909,929 $57,507,556 $30,470, $50,732,106 $19,893,496 $12,819, $173,188,400 $69,557,069 $40,672, Information $47,500,782 $29,173,894 $12,609, Wholesale Trade $62,879,895 $42,553,881 $24,536, Retail Trade $346,371,610 $259,964,173 $151,147,269 4,622 Finance, Insurance, and Real Estate Business Services $342,253,659 $87,539,015 $29,744, $76,032,879 $46,602,079 $38,015, Health Services $70,559,927 $49,494,110 $41,847, Other Services $599,559,101 $386,415,500 $332,363,635 7,323 TOTAL $2,086,694,946 $1,094,402,381 $748,252,241 15,417 Source: US Multi-Regional Impact Assessment System, The Perryman Group *Note: See the appendices for assumptions, methods used, definitions of economic measures, and further detailed results by The Perryman Group

28 Construction As noted, The University of Texas at Arlington has several construction projects either recently completed or ongoing. Such construction projects lead to sizable temporary gains in business activity in the surrounding region, with additional spillover benefits to the rest of the state. The Perryman Group measured the economic gains associated with the following initiatives: o the Engineering Research Complex; o College Park Center; o mixed-use development associated with College Park (including parking facilities, dormitory, apartment complex, and retail outlets); and o other new construction and major maintenance work (including the day care facility) by The Perryman Group

29 The total impact of these major recent and ongoing construction projects was found to include $502.7 million in output (real gross product) and 5,861 person-years of employment in North Central Texas. For the state as a whole (including the benefits to the surrounding region), the total impact on business activity is an estimated $539.0 million in output (gross product) and 6,268 person-years of employment. The Total Impact Associated with All Major Recent and Ongoing Construction Projects at The University of Texas at Arlington on Business Activity Total Expenditures $1.052 $1.156 Gross Product $0.539 $0.503 Texas Personal Income $0.363 $0.341 Person-Years of Employment 6,268 - Texas 5,861 - NCTCOG NCTCOG Retail Sales $0.146 $0.136 Source: The Perryman Group $0.0 $0.2 $0.4 $0.6 $0.8 $1.0 $1.2 $1.4 Billions of 2012 Dollars This economic activity leads to incremental tax receipts to local taxing entities over the life of the projects of an estimated $14.8 million, as well as $30.4 million for the State. The following table illustrates the breakout of these construction effects by project by The Perryman Group

30 Economic Benefits by Source of Stimulus: Construction The Total Impact Associated With All Major Recent and Ongoing Construction Projects at The University of Texas at Arlington on Business Activity in the North Central Texas Region* and Texas Source of Stimulus Engineering Research Complex College Park Center College Park Mixed-Use Development Other New Construction and Maintenance Projects Total Expenditures (Millions of 2012 Dollars) North Central Texas Texas Region Real Gross Product (Millions of 2012 Dollars) North Central Texas Texas Region Personal Income (Millions of 2012 Dollars) North Central Texas Texas Region Employment (Person-Years) North Central Texas Region Texas $ $ $ $ $ $ ,931 3,131 $ $ $ $ $83.83 $ ,444 1,544 $ $ $ $ $81.60 $ ,413 1,515 $12.92 $14.22 $6.44 $6.90 $4.39 $ TOTAL $1, $1, $ $ $ $ ,861 6,268 Source: US Multi-Regional Impact Assessment System, The Perryman Group *Notes: The North Central Texas Region is defined as the North Central Texas Council of Governments Region (Collin, Dallas, Denton, Ellis, Erath, Hood, Hunt, Johnson, Kaufman, Navarro, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, and Wise counties). See the appendices for assumptions, methods used, definitions of economic measures, and further detailed results. In addition to the construction segment, various services industries and durable manufacturing are particularly affected by this activity. The following tables illustrate economic benefits by industry for North Central Texas and the state as a whole by The Perryman Group

31 Economic Benefits by Industry: Construction North Central Texas The Total Impact Associated With All Major Recent and Ongoing Construction Projects at The University of Texas at Arlington on Business Activity in North Central Texas* Sector Total Expenditures Real Gross Product Personal Income (2012 Dollars) (2012 Dollars) (2012 Dollars) Employment (Person- Years) Agriculture $6,039,720 $1,713,228 $1,150, Mining $9,556,492 $2,443,728 $1,335,892 8 Construction $332,144,746 $147,052,793 $121,180,663 1,709 Nondurable Manufacturing Durable Manufacturing Transportation and Utilities $73,423,898 $23,580,987 $12,478, $104,215,314 $41,871,761 $25,998, $59,592,582 $27,748,295 $16,975, Information $20,463,519 $12,569,425 $5,421, Wholesale Trade $44,550,823 $30,146,318 $17,382, Retail Trade $136,023,370 $102,898,762 $59,973,811 1,811 Finance, Insurance, and Real Estate Business Services $131,288,012 $32,409,771 $13,095, $55,745,725 $34,753,414 $28,349, Health Services $27,294,014 $19,128,552 $16,173, Other Services $51,712,703 $26,373,315 $21,046, TOTAL $1,052,050,918 $502,690,349 $340,563,310 5,861 Source: US Multi-Regional Impact Assessment System, The Perryman Group *Notes: North Central Texas is defined as the North Central Texas Council of Governments Region (Collin, Dallas, Denton, Ellis, Erath, Hood, Hunt, Johnson, Kaufman, Navarro, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, and Wise counties). See the appendices for assumptions, methods used, definitions of economic measures, and further detailed results by The Perryman Group

32 Economic Benefits by Industry: Construction Texas The Total Impact Associated With All Major Recent and Ongoing Construction Projects at The University of Texas at Arlington on Business Activity in Texas* Sector Total Expenditures Real Gross Product Personal Income (2012 Dollars) (2012 Dollars) (2012 Dollars) Employment (Person- Years) Agriculture $15,883,072 $4,635,579 $3,054, Mining $16,450,428 $4,282,484 $2,407, Construction $334,692,030 $148,397,938 $122,289,142 1,724 Nondurable Manufacturing Durable Manufacturing Transportation and Utilities $102,529,427 $29,468,383 $15,370, $118,356,632 $46,871,728 $29,467, $75,442,487 $31,550,401 $18,706, Information $20,966,569 $12,879,114 $5,555, Wholesale Trade $45,055,855 $30,488,068 $17,579, Retail Trade $145,538,320 $110,210,235 $64,255,004 1,937 Finance, Insurance, and Real Estate Business Services $134,711,034 $32,983,728 $13,311, $56,398,452 $35,137,643 $28,663, Health Services $32,021,579 $22,414,590 $18,951, Other Services $58,141,402 $29,651,805 $23,828, TOTAL $1,156,187,287 $538,971,696 $363,441,262 6,268 Source: US Multi-Regional Impact Assessment System, The Perryman Group *Note: See the appendices for assumptions, methods used, definitions of economic measures, and further detailed results by The Perryman Group

33 External Effects The presence of The University of Texas at Arlington enhances the workforce in the region and beyond. A number of graduates remain in the area, leading to lasting productivity and employment gains. In addition, the research efforts at UTA contribute to both the formation of startup companies and ongoing activity. While it would be inappropriate to attribute all of this activity exclusively to UTA, it does serve to illustrate the extent to which the area is impacted by the institution s ongoing presence. The economic contributions of the known graduates working in the region were measured by analyzing typical employment and salary for graduates by field for the various occupations in which degrees were awarded (fully adjusted for out-of-area locations and attrition), along with the corresponding levels of output and expenditures. The external effects of research were quantified in two stages. Initially, using data compiled by the Association of University Technology Managers (AUTM) and information regarding the level of funded research at The University of Texas at Arlington since 2000, it is possible to estimate the number of companies likely formed as a result of research funding, as well as their direct employment. The information also permits adjustments for (1) the attrition rate of the firms and (2) the proportion likely to remain in the area. Although such firms often grow into large operations, the analysis assumes typical employment levels as determined from the US Department of Commerce and an allocation across sectors indicative of graduates and degree programs by The Perryman Group

34 The second segment of the analysis involved typical rates of return on research resulting from new product development and increased productivity resulting from university research and was fully adjusted for out-of-area leakage and attrition. The total external benefits (including spinoff research effects and graduates employed in the North Central Texas area) were found to include almost $12.8 billion in annual output (gross product) and 122,295 permanent jobs in the region ($13.6 billion in output per year and 131,188 permanent jobs for the state as a whole). These impacts reflect approximately 4% of the entire regional economy. The Annual Impact of Ongoing External Benefits (Spinoff Research Effects and Graduates Employed in the North Central Texas Area) Associated with The University of Texas at Arlington on Business Activity Total Expenditures $ $ Gross Product $ $ Texas Personal Income Retail Sales $3.027 $2.830 $8.041 $7.521 Permanent Jobs 131,188 - Texas 122,295 - NCTCOG NCTCOG $0 $5 $10 $15 $20 $25 $30 $35 Source: The Perryman Group Billions of 2012 Dollars by The Perryman Group

35 This economic activity leads to incremental tax receipts of an estimated $309.9 million per year to local governments and $638.7 million to the State. These external benefits of The University of Texas at Arlington are illustrated by source of stimulus and by industry in the following tables. Economic Benefits by Source of Stimulus: External Effects North Central Texas The Annual Impact of Ongoing External Benefits (Spinoff Research Effects and Graduates Employed in the North Central Texas Area) Associated with The University of Texas at Arlington on Business Activity in the North Central Texas Region* and Texas Source of Stimulus Spinoff Benefits from Funded Research Impact of Graduates Total Expenditures Real Gross Product Personal Income Employment (Millions of 2012 (Millions of 2012 Dollars) (Millions of 2012 Dollars) (Permanent Jobs) Dollars) North North North North Central Central Central Central Texas Texas Texas Texas Texas Texas Texas Texas Region Region Region Region $ $ $ $ $ $ ,014 2,209 $27, $29, $12, $13, $7, $7, , ,978 TOTAL $27, $30, $12, $13, $7, $8, , ,188 Source: US Multi-Regional Impact Assessment System, The Perryman Group *Notes: The North Central Texas Region is defined as the North Central Texas Council of Governments Region (Collin, Dallas, Denton, Ellis, Erath, Hood, Hunt, Johnson, Kaufman, Navarro, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, and Wise counties). See the appendices for assumptions, methods used, definitions of economic measures, and further detailed results by The Perryman Group

36 Economic Benefits by Industry: External Effects North Central Texas The Annual Impact of Ongoing External Benefits (Spinoff Research Effects and Graduates Employed in the North Central Texas Area) Associated with The University of Texas at Arlington on Business Activity in North Central Texas* Sector Total Expenditures Real Gross Product Personal Income (2012 Dollars) (2012 Dollars) (2012 Dollars) Employment (Permanent Jobs) Agriculture $190,220,522 $50,622,539 $34,091, Mining $1,269,972,692 $285,539,853 $138,341, Construction $558,685,790 $295,917,496 $243,854,448 3,439 Nondurable Manufacturing Durable Manufacturing Transportation and Utilities $3,021,873,065 $949,683,269 $505,331,207 8,195 $2,126,017,106 $944,975,381 $604,914,615 7,521 $2,179,219,491 $863,100,587 $507,356,746 5,832 Information $1,193,423,088 $736,549,884 $315,808,148 2,852 Wholesale Trade $830,191,978 $561,532,912 $323,784,880 3,621 Retail Trade $2,830,181,775 $2,106,375,529 $1,221,670,652 37,830 Finance, Insurance, and Real Estate Business Services $8,288,002,056 $2,759,936,511 $994,188,648 9,774 $2,527,549,044 $1,616,062,402 $1,318,292,818 16,040 Health Services $1,214,848,054 $832,524,330 $703,907,033 11,626 Other Services $1,419,617,170 $752,234,542 $609,589,160 14,290 TOTAL $27,649,801,832 $12,755,055,236 $7,521,131, ,295 Source: US Multi-Regional Impact Assessment System, The Perryman Group *Notes: North Central Texas is defined as the North Central Texas Council of Governments Region (Collin, Dallas, Denton, Ellis, Erath, Hood, Hunt, Johnson, Kaufman, Navarro, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, and Wise counties). See the appendices for assumptions, methods used, definitions of economic measures, and further detailed results by The Perryman Group

37 Economic Benefits by Industry: External Effects Texas The Annual Impact of Ongoing External Benefits (Spinoff Research Effects and Graduates Employed in the North Central Texas Area) Associated with The University of Texas at Arlington on Business Activity in Texas* Sector Total Expenditures Real Gross Product Personal Income (2012 Dollars) (2012 Dollars) (2012 Dollars) Employment (Permanent Jobs) Agriculture $495,480,148 $135,313,966 $89,668,383 1,423 Mining $1,475,081,285 $334,203,828 $166,321, Construction $650,131,286 $344,198,486 $283,640,990 4,000 Nondurable Manufacturing Durable Manufacturing Transportation and Utilities $3,767,372,708 $1,108,443,109 $582,675,047 9,078 $2,251,882,564 $991,733,736 $637,839,918 7,938 $2,697,965,325 $983,756,283 $561,598,396 6,107 Information $1,204,965,681 $743,655,934 $318,876,155 2,881 Wholesale Trade $842,178,649 $569,644,314 $328,461,987 3,673 Retail Trade $3,027,412,959 $2,255,788,779 $1,308,792,130 40,455 Finance, Insurance, and Real Estate Business Services $8,364,559,430 $2,773,123,390 $999,262,611 9,827 $2,542,699,948 $1,624,981,056 $1,325,568,154 16,128 Health Services $1,320,226,887 $905,727,234 $765,800,766 12,648 Other Services $1,562,721,208 $826,710,023 $672,770,904 16,129 TOTAL $30,202,678,078 $13,597,280,137 $8,041,276, ,188 Source: US Multi-Regional Impact Assessment System, The Perryman Group *Note: See the appendices for assumptions, methods used, definitions of economic measures, and further detailed results by The Perryman Group

38 Conclusion by The Perryman Group

39 Conclusion The University of Texas at Arlington has a long history of providing higher education opportunities to the North Central Texas area. In addition, the institution serves as a source of economic stimulus through its ongoing operations and construction projects. Spinoff companies stemming from funded research provide still more growth, and the benefits of the enhancement of the regional workforce is sizable. The Perryman Group quantified these positive effects on business activity in the North Central Texas Region and found o total annual economic benefits from ongoing operations (including educational and research spending as well as student and visitor outlays) of $1.0 billion in yearly output (gross product) and 14,685 permanent jobs; o a total impact of major recent and ongoing construction projects of $502.7 million in output (real gross product) and 5,861 person-years of employment; and o total external benefits (including spinoff research effects and graduates employed in the North Central Texas area) of almost $12.8 billion in annual output (gross product) and 122,295 permanent jobs. Additional activity spills over to other parts of Texas, and the total stimulus for the state as a whole (including gains in the North Central Texas area) are even higher by The Perryman Group

40 These economic impacts also lead to incremental tax receipts to local and state taxing entities. Enrollment and funded research at The University of Texas at Arlington have recently exhibited significant growth. With additional facilities in place and ongoing efforts to enhance capabilities, the university s role in the economy will grow in the decades to come. The University of Texas at Arlington is an important aspect of the state s higher education system, providing degrees to thousands of people each year. It is also an integral component of the regional and state economy. Through its ongoing and expanding instructional and research endeavors, UTA serves as an ever-increasing catalyst for individual opportunity and economic and social development by The Perryman Group

41 APPENDICES by The Perryman Group

42 APPENDIX A: US Multi-Regional Impact Assessment System Methodology by The Perryman Group

43 US Multi-Regional Impact Assessment System The basic modeling technique employed in this study is known as dynamic inputoutput analysis. This methodology essentially uses extensive survey data, industry information, and a variety of corroborative source materials to create a matrix describing the various goods and services (known as resources or inputs) required to produce one unit (a dollar s worth) of output for a given sector. Once the base information is compiled, it can be mathematically simulated to generate evaluations of the magnitude of successive rounds of activity involved in the overall production process. There are two essential steps in conducting an input-output analysis once the system is operational. The first major endeavor is to accurately define the levels of direct activity to be evaluated. In the case of a prospective evaluation, it is necessary to first calculate reasonable estimates of the direct activity. In this instance, The University of Texas at Arlington provided data regarding employment, student characteristics, research spending, and construction costs for various projects. This information was reviewed by The Perryman Group for reasonableness and supplemented by data from various sources such as the Higher Education Coordinating Board. The second major phase of the analysis is the simulation of the input-output system to measure overall economic effects. The present study was conducted within the context of the US Multi-Regional Impact Assessment System (USMRIAS) which was developed and is maintained by The Perryman Group. This model has been used in hundreds of diverse applications across the country and has an excellent reputation for accuracy and credibility. The systems used in the current simulations reflect the unique industrial structures of the North Central Texas Council of Governments Region and Texas economies. The USMRIAS is somewhat similar in format to the Input-Output Model of the United States and the Regional Input-Output Modeling System, both of which are maintained by the US Department of Commerce. The model developed by TPG, however, incorporates several important enhancements and refinements. Specifically, the expanded system includes (1) comprehensive 500-sector coverage for any county, multi-county, or urban region; (2) calculation of both total expenditures and value-added by industry and region; (3) direct estimation of expenditures for multiple basic input choices (expenditures, output, income, or employment); (4) extensive parameter localization; (5) price adjustments for real and nominal assessments by sectors and areas; (6) measurement of the induced impacts associated with payrolls and consumer spending; (7) embedded modules to estimate multi-sectoral direct spending effects; (8) estimation of retail spending activity by consumers; and (9) comprehensive linkage and integration capabilities with a wide variety of econometric, real estate, occupational, and fiscal impact models. The models used for the present investigation have been thoroughly tested for reasonableness and historical reliability by The Perryman Group

44 The impact assessment (input-output) process essentially estimates the amounts of all types of goods and services required to produce one unit (a dollar s worth) of a specific type of output. For purposes of illustrating the nature of the system, it is useful to think of inputs and outputs in dollar (rather than physical) terms. As an example, the construction of a new building will require specific dollar amounts of lumber, glass, concrete, hand tools, architectural services, interior design services, paint, plumbing, and numerous other elements. Each of these suppliers must, in turn, purchase additional dollar amounts of inputs. This process continues through multiple rounds of production, thus generating subsequent increments to business activity. The initial process of building the facility is known as the direct effect. The ensuing transactions in the output chain constitute the indirect effect. Another pattern that arises in response to any direct economic activity comes from the payroll dollars received by employees at each stage of the production cycle. As workers are compensated, they use some of their income for taxes, savings, and purchases from external markets. A substantial portion, however, is spent locally on food, clothing, healthcare services, utilities, housing, recreation, and other items. Typical purchasing patterns in the relevant areas are obtained from the ACCRA Cost of Living Index, a privately compiled inter-regional measure which has been widely used for several decades, and the Consumer Expenditure Survey of the US Department of Labor. These initial outlays by area residents generate further secondary activity as local providers acquire inputs to meet this consumer demand. These consumer spending impacts are known as the induced effect. The USMRIAS is designed to provide realistic, yet conservative, estimates of these phenomena. Sources for information used in this process include the Bureau of the Census, the Bureau of Labor Statistics, the Regional Economic Information System of the US Department of Commerce, and other public and private sources. The pricing data are compiled from the US Department of Labor and the US Department of Commerce. The verification and testing procedures make use of extensive public and private sources. Note that all monetary values are given in constant (2012) dollars to eliminate the effects of inflation. The USMRIAS generates estimates of the effect on several measures of business activity. The most comprehensive measure of economic activity used in this study is Total Expenditures. This measure incorporates every dollar that changes hands in any transaction. For example, suppose a farmer sells wheat to a miller for $0.50; the miller then sells flour to a baker for $0.75; the baker, in turn, sells bread to a customer for $1.25. The Total Expenditures recorded in this instance would be $2.50, that is, $ $ $1.25. This measure is quite broad, but is useful in that (1) it reflects the overall interplay of all industries in the economy, and (2) some key fiscal variables such as sales taxes are linked to aggregate spending. A second measure of business activity frequently employed in this analysis is that of Gross Product. This indicator represents the regional equivalent of Gross Domestic Product, the most commonly reported statistic regarding national economic performance. In other words, the Gross Product of Arkansas is the amount of US output that is produced in that state; it is defined as the value of all by The Perryman Group

45 final goods produced in a given region for a specific period of time. Stated differently, it captures the amount of value-added (gross area product) over intermediate goods and services at each stage of the production process, that is, it eliminates the double counting in the Total Expenditures concept. Using the example above, the Gross Product is $1.25 (the value of the bread) rather than $2.50. Alternatively, it may be viewed as the sum of the value-added by the farmer, $0.50; the miller, $0.25 ($ $0.50); and the baker, $0.50 ($ $0.75). The total value-added is, therefore, $1.25, which is equivalent to the final value of the bread. In many industries, the primary component of value-added is the wage and salary payments to employees. The third gauge of economic activity used in this evaluation is Personal Income. As the name implies, Personal Income is simply the income received by individuals, whether in the form of wages, salaries, interest, dividends, proprietors profits, or other sources. It may thus be viewed as the segment of overall impacts which flows directly to the citizenry. The fourth measure, Retail Sales, represents the component of Total Expenditures which occurs in retail outlets (general merchandise stores, automobile dealers and service stations, building materials stores, food stores, drugstores, restaurants, and so forth). Retail Sales is a commonly used measure of consumer activity. The final aggregates used are Permanent Jobs and Person-Years of Employment. The Person-Years of Employment measure reveals the full-time equivalent jobs generated by an activity. It should be noted that, unlike the dollar values described above, Permanent Jobs is a stock rather than a flow. In other words, if an area produces $1 million in output in 2010 and $1 million in 2011, it is appropriate to say that $2 million was achieved in the period. If the same area has 100 people working in 2010 and 100 in 2011, it only has 100 Permanent Jobs. When a flow of jobs is measured, such as in a construction project or a cumulative assessment over multiple years, it is appropriate to measure employment in Person-Years (a person working for a year). This concept is distinct from Permanent Jobs, which anticipates that the relevant positions will be maintained on a continuing basis by The Perryman Group

46 APPENDIX B: Detailed Sectoral Results by The Perryman Group

47 Economic Benefits by Source of Stimulus: Ongoing Activity by The Perryman Group

48 The Annual Impact of Ongoing Instructional Programs, Research, and Other Operations Associated with The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $10,689,497 $3,065,307 $2,087, Forestry & Fishery Products $90,690 $80,824 $29,976 0 Coal Mining $1,316,833 $371,241 $391,202 3 Crude Petroleum & Natural Gas $12,819,677 $2,824,005 $1,302,428 6 Miscellaneous Mining $311,093 $122,295 $71,889 1 New Construction $0 $0 $0 0 Maintenance & Repair Construction $38,285,673 $20,553,847 $16,937, Food Products & Tobacco $53,313,896 $13,824,118 $7,062, Textile Mill Products $489,901 $101,411 $85,807 2 Apparel $10,940,075 $6,046,377 $3,063, Paper & Allied Products $9,666,340 $4,276,725 $1,933, Printing & Publishing $18,422,673 $8,655,141 $5,649, Chemicals & Petroleum Refining $21,121,631 $3,189,196 $1,497, Rubber & Leather Products $6,775,880 $2,937,577 $1,717, Lumber Products & Furniture $3,413,457 $1,197,047 $853, Stone, Clay, & Glass Products $4,733,007 $2,671,914 $1,397, Primary Metal $2,391,823 $639,591 $476,083 7 Fabricated Metal Products $7,068,467 $2,545,001 $1,643, Machinery, Except Electrical $2,273,008 $896,582 $640,523 7 Electric & Electronic Equipment $5,669,374 $2,930,847 $1,752, Motor Vehicles & Equipment $4,386,042 $930,436 $604,472 9 Transp. Equip., Exc. Motor Vehicles $2,132,350 $876,567 $572,806 7 Instruments & Related Products $1,513,846 $610,495 $464,030 6 Miscellaneous Manufacturing $3,506,732 $1,368,008 $943, Transportation $51,826,855 $34,188,761 $22,611, Communication $35,651,541 $21,981,544 $9,384, Electric, Gas, Water, Sanitary Services $51,369,203 $11,598,386 $5,061, Wholesale Trade $50,385,695 $34,099,150 $19,661, Retail Trade $148,992,864 $123,481,550 $73,838,017 1,935 Finance $22,066,436 $11,958,247 $6,963, Insurance $29,110,424 $17,467,364 $10,442, Real Estate $219,195,597 $44,274,633 $7,133, Hotels, Lodging Places, Amusements $15,556,624 $8,075,894 $5,298, Personal Services $31,027,986 $18,996,461 $14,779, Business Services $61,051,274 $37,594,312 $30,667, Eating & Drinking Places $71,697,366 $41,996,250 $22,344,245 1,010 Health Services $46,555,621 $32,625,971 $27,585, Miscellaneous Services $506,752,534 $333,528,065 $291,387,085 6,365 Households $1,714,762 $1,714,762 $1,678, Total $1,564,286,747 $854,295,902 $600,014,501 12,311 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

49 The Annual Impact of Ongoing Instructional Programs, Research, and Other Operations Associated with The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $27,573,442 $7,900,518 $5,380, Forestry & Fishery Products $584,203 $522,366 $193,738 2 Coal Mining $2,826,950 $797,381 $840,251 6 Crude Petroleum & Natural Gas $21,067,815 $4,640,386 $2,140, Miscellaneous Mining $596,145 $234,632 $137,926 1 New Construction $0 $0 $0 0 Maintenance & Repair Construction $44,500,196 $23,876,382 $19,675, Food Products & Tobacco $56,209,616 $14,573,136 $7,444, Textile Mill Products $832,703 $172,618 $146,054 3 Apparel $13,103,071 $7,241,865 $3,669, Paper & Allied Products $9,805,439 $4,338,280 $1,961, Printing & Publishing $18,618,463 $8,754,279 $5,714, Chemicals & Petroleum Refining $54,755,040 $8,267,889 $3,882, Rubber & Leather Products $7,817,609 $3,388,831 $1,981, Lumber Products & Furniture $3,457,382 $1,212,454 $864, Stone, Clay, & Glass Products $4,790,062 $2,703,536 $1,413, Primary Metal $3,227,564 $863,500 $642, Fabricated Metal Products $8,147,619 $2,933,437 $1,893, Machinery, Except Electrical $4,864,493 $1,919,245 $1,371, Electric & Electronic Equipment $5,739,016 $2,967,517 $1,774, Motor Vehicles & Equipment $4,442,109 $943,058 $612,673 9 Transp. Equip., Exc. Motor Vehicles $2,156,716 $886,995 $579,621 7 Instruments & Related Products $1,533,452 $618,536 $470,144 6 Miscellaneous Manufacturing $3,667,397 $1,430,883 $986, Transportation $52,486,700 $34,642,354 $22,911, Communication $36,339,674 $22,406,725 $9,566, Electric, Gas, Water, Sanitary Services $81,958,301 $18,530,788 $8,086, Wholesale Trade $51,094,008 $34,578,469 $19,938, Retail Trade $159,055,113 $131,821,180 $78,824,849 2,066 Finance $22,364,898 $12,115,880 $7,055, Insurance $29,520,425 $17,712,761 $10,589, Real Estate $223,288,028 $44,676,610 $7,198, Hotels, Lodging Places, Amusements $15,904,814 $8,259,286 $5,418, Personal Services $33,579,125 $20,535,834 $15,977, Business Services $61,966,746 $38,133,209 $31,106, Eating & Drinking Places $75,435,029 $44,185,564 $23,509,080 1,063 Health Services $54,340,601 $38,032,831 $32,157, Miscellaneous Services $514,075,347 $337,644,552 $294,955,734 6,451 Households $2,459,691 $2,459,691 $2,407, Total $1,714,185,002 $906,923,458 $633,478,674 12,924 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

50 The Annual Impact of Net Incremental Student Spending Associated with The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $1,687,879 $458,923 $312,552 5 Forestry & Fishery Products $17,121 $17,955 $6,659 0 Coal Mining $275,472 $79,566 $83,844 1 Crude Petroleum & Natural Gas $1,915,166 $418,356 $192,945 1 Miscellaneous Mining $39,425 $16,944 $9,961 0 New Construction $0 $0 $0 0 Maintenance & Repair Construction $4,882,925 $2,502,305 $2,062, Food Products & Tobacco $8,444,305 $2,172,023 $1,109, Textile Mill Products $68,749 $15,678 $13,265 0 Apparel $1,350,357 $746,668 $378, Paper & Allied Products $1,382,051 $611,601 $276,500 4 Printing & Publishing $1,945,321 $985,025 $642, Chemicals & Petroleum Refining $2,842,117 $430,379 $202,088 1 Rubber & Leather Products $927,803 $398,977 $233,240 5 Lumber Products & Furniture $436,419 $153,073 $109,133 2 Stone, Clay, & Glass Products $566,882 $314,185 $164,320 3 Primary Metal $343,186 $94,946 $70,673 1 Fabricated Metal Products $1,016,305 $364,934 $235,601 4 Machinery, Except Electrical $338,490 $135,684 $96,933 1 Electric & Electronic Equipment $691,928 $364,340 $217,815 2 Motor Vehicles & Equipment $557,064 $125,423 $81,483 1 Transp. Equip., Exc. Motor Vehicles $242,079 $103,624 $67,715 1 Instruments & Related Products $194,792 $79,881 $60,717 1 Miscellaneous Manufacturing $432,421 $170,600 $117,665 2 Transportation $6,556,107 $4,506,857 $2,980, Communication $6,837,121 $4,224,495 $1,803, Electric, Gas, Water, Sanitary Services $12,948,328 $2,906,084 $1,268,138 5 Wholesale Trade $7,037,669 $4,762,403 $2,746, Retail Trade $42,935,422 $35,577,950 $21,274, Finance $2,965,439 $1,566,195 $912,000 8 Insurance $4,073,697 $2,438,222 $1,457, Real Estate $40,661,585 $3,993,953 $643,512 6 Hotels, Lodging Places, Amusements $3,459,528 $1,822,136 $1,195, Personal Services $9,453,502 $5,884,045 $4,577, Business Services $9,095,960 $5,354,382 $4,367, Eating & Drinking Places $18,718,964 $10,962,594 $5,832, Health Services $11,292,053 $8,012,372 $6,774, Miscellaneous Services $7,961,804 $3,087,866 $2,676, Households $194,050 $194,050 $189, Total $214,789,486 $106,054,696 $65,447,274 1,398 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes spending by out-of-area students as w ell as an estimate of those w ho w ould leave the area for education in the absence of The University of Texas at Arlington by The Perryman Group

51 The Annual Impact of Net Incremental Student Spending Associated with The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $4,341,707 $1,180,481 $803, Forestry & Fishery Products $109,643 $114,983 $42,645 1 Coal Mining $586,745 $169,473 $178,585 1 Crude Petroleum & Natural Gas $3,141,235 $686,184 $316,467 2 Miscellaneous Mining $75,572 $32,480 $19,093 0 New Construction $0 $0 $0 0 Maintenance & Repair Construction $5,676,747 $2,909,107 $2,397, Food Products & Tobacco $8,877,662 $2,283,490 $1,166, Textile Mill Products $116,732 $26,620 $22,523 1 Apparel $1,618,351 $894,853 $453, Paper & Allied Products $1,400,093 $619,586 $280,110 4 Printing & Publishing $1,970,718 $997,885 $651, Chemicals & Petroleum Refining $7,364,267 $1,115,164 $523,635 4 Rubber & Leather Products $1,069,678 $459,986 $268,906 5 Lumber Products & Furniture $442,117 $155,072 $110,558 2 Stone, Clay, & Glass Products $574,283 $318,287 $166,465 3 Primary Metal $462,467 $127,947 $95,237 1 Fabricated Metal Products $1,169,831 $420,062 $271,192 5 Machinery, Except Electrical $723,027 $289,826 $207,053 2 Electric & Electronic Equipment $700,961 $369,096 $220,658 2 Motor Vehicles & Equipment $564,336 $127,060 $82,547 1 Transp. Equip., Exc. Motor Vehicles $245,239 $104,977 $68,599 1 Instruments & Related Products $197,335 $80,924 $61,510 1 Miscellaneous Manufacturing $452,521 $178,530 $123,134 2 Transportation $6,641,697 $4,565,695 $3,019, Communication $6,926,381 $4,279,646 $1,827, Electric, Gas, Water, Sanitary Services $16,868,919 $3,786,715 $1,652,421 7 Wholesale Trade $7,129,546 $4,824,577 $2,781, Retail Trade $44,162,852 $36,595,037 $21,882, Finance $3,004,153 $1,586,642 $923,906 8 Insurance $4,126,880 $2,470,053 $1,476, Real Estate $41,192,426 $4,046,094 $651,913 6 Hotels, Lodging Places, Amusements $3,504,693 $1,845,925 $1,210, Personal Services $9,770,356 $6,077,181 $4,728, Business Services $9,214,709 $5,424,284 $4,424, Eating & Drinking Places $19,161,478 $11,221,762 $5,970, Health Services $12,234,754 $8,671,728 $7,332, Miscellaneous Services $8,749,498 $3,423,392 $2,967, Households $278,807 $278,807 $272, Total $234,848,416 $112,759,609 $69,654,934 1,472 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes spending by out-of-area students as w ell as an estimate of those w ho w ould leave the area for education in the absence of The University of Texas at Arlington by The Perryman Group

52 The Annual Impact of Tourism and Visitor Spending Associated with The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $983,060 $242,123 $164,899 3 Forestry & Fishery Products $11,207 $12,309 $4,565 0 Coal Mining $75,580 $21,960 $23,141 0 Crude Petroleum & Natural Gas $786,215 $172,155 $79,397 0 Miscellaneous Mining $17,538 $6,977 $4,101 0 New Construction $0 $0 $0 0 Maintenance & Repair Construction $1,678,391 $894,177 $736, Food Products & Tobacco $5,146,790 $1,320,128 $674, Textile Mill Products $32,343 $7,647 $6,471 0 Apparel $643,729 $355,058 $179,913 5 Paper & Allied Products $725,598 $320,578 $144,931 2 Printing & Publishing $1,009,875 $512,185 $334,314 6 Chemicals & Petroleum Refining $1,375,888 $199,931 $93,879 1 Rubber & Leather Products $482,063 $205,915 $120,377 2 Lumber Products & Furniture $201,249 $71,655 $51,086 1 Stone, Clay, & Glass Products $267,839 $154,145 $80,618 1 Primary Metal $156,214 $42,793 $31,853 0 Fabricated Metal Products $468,298 $163,785 $105,740 2 Machinery, Except Electrical $135,874 $56,044 $40,038 0 Electric & Electronic Equipment $299,536 $156,003 $93,264 1 Motor Vehicles & Equipment $255,350 $54,334 $35,299 0 Transp. Equip., Exc. Motor Vehicles $117,051 $50,144 $32,767 0 Instruments & Related Products $72,945 $29,880 $22,711 0 Miscellaneous Manufacturing $222,015 $88,243 $60,862 1 Transportation $8,410,407 $6,061,692 $4,008, Communication $2,216,181 $1,362,178 $581,558 5 Electric, Gas, Water, Sanitary Services $2,888,309 $663,373 $289,478 1 Wholesale Trade $3,640,935 $2,463,623 $1,420, Retail Trade $20,868,337 $17,292,616 $10,340, Finance $1,458,125 $746,540 $434,712 4 Insurance $1,888,487 $1,130,234 $675,699 8 Real Estate $10,759,333 $1,855,500 $298,961 3 Hotels, Lodging Places, Amusements $5,932,455 $3,198,120 $2,098, Personal Services $1,794,606 $1,102,823 $858, Business Services $3,667,265 $2,294,665 $1,871, Eating & Drinking Places $13,530,793 $7,924,427 $4,216, Health Services $2,620,445 $1,836,786 $1,553, Miscellaneous Services $2,381,314 $979,899 $849, Households $96,762 $96,762 $94,715 7 Total $97,318,402 $54,147,407 $32,713, SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes estimated spending for athletic events, conferences and other on-campus activities, and visits to students and personnel. Amounts are adjusted to reflect likely effects of new facilities and conference alignment by The Perryman Group

53 The Annual Impact of Tourism and Visitor Spending Associated with The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $2,521,712 $621,741 $423,440 7 Forestry & Fishery Products $71,494 $78,492 $29,112 0 Coal Mining $162,366 $47,171 $49,707 0 Crude Petroleum & Natural Gas $1,291,436 $282,771 $130,414 1 Miscellaneous Mining $33,630 $13,393 $7,873 0 New Construction $0 $0 $0 0 Maintenance & Repair Construction $1,959,559 $1,043,293 $859, Food Products & Tobacco $5,393,510 $1,383,449 $706, Textile Mill Products $54,897 $12,975 $10,978 0 Apparel $771,080 $425,314 $215,513 6 Paper & Allied Products $733,849 $324,230 $146,582 2 Printing & Publishing $1,021,489 $518,066 $338,153 6 Chemicals & Petroleum Refining $3,562,550 $517,940 $243,203 2 Rubber & Leather Products $554,919 $237,054 $138,580 3 Lumber Products & Furniture $203,854 $72,568 $51,737 1 Stone, Clay, & Glass Products $271,223 $156,021 $81,599 1 Primary Metal $210,522 $57,677 $42,932 1 Fabricated Metal Products $538,988 $188,572 $121,743 2 Machinery, Except Electrical $290,753 $119,878 $85,641 1 Electric & Electronic Equipment $303,668 $158,178 $94,565 1 Motor Vehicles & Equipment $258,676 $55,082 $35,785 1 Transp. Equip., Exc. Motor Vehicles $118,497 $50,762 $33,171 0 Instruments & Related Products $74,108 $30,356 $23,074 0 Miscellaneous Manufacturing $232,007 $92,207 $63,596 1 Transportation $8,449,549 $6,088,600 $4,026, Communication $2,257,001 $1,387,400 $592,326 5 Electric, Gas, Water, Sanitary Services $4,615,918 $1,065,499 $464,955 2 Wholesale Trade $3,682,953 $2,492,056 $1,436, Retail Trade $21,451,523 $17,775,888 $10,629, Finance $1,475,830 $755,891 $440,157 4 Insurance $1,912,809 $1,144,791 $684,401 8 Real Estate $11,002,097 $1,879,346 $302,803 3 Hotels, Lodging Places, Amusements $5,953,109 $3,208,999 $2,105, Personal Services $1,947,483 $1,195,691 $930, Business Services $3,721,571 $2,326,632 $1,897, Eating & Drinking Places $13,740,089 $8,047,022 $4,281, Health Services $3,063,109 $2,144,386 $1,813, Miscellaneous Services $2,785,052 $1,151,515 $998, Households $138,878 $138,878 $135,939 9 Total $106,831,759 $57,289,784 $34,673, SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes estimated spending for athletic events, conferences and other on-campus activities, and visits to students and personnel. Amounts are adjusted to reflect likely effects of new facilities and conference alignment by The Perryman Group

54 The Annual Impact of Incremental Sales Associated with The College Park Development at The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $248,066 $61,642 $41,981 1 Forestry & Fishery Products $2,672 $2,958 $1,097 0 Coal Mining $22,176 $6,435 $6,781 0 Crude Petroleum & Natural Gas $209,163 $45,701 $21,077 0 Miscellaneous Mining $4,437 $1,681 $988 0 New Construction $0 $0 $0 0 Maintenance & Repair Construction $456,199 $240,829 $198,458 3 Food Products & Tobacco $1,315,450 $338,667 $173,007 3 Textile Mill Products $8,323 $1,945 $1,646 0 Apparel $181,029 $100,733 $51,043 1 Paper & Allied Products $226,158 $99,974 $45,197 1 Printing & Publishing $335,854 $171,958 $112,241 2 Chemicals & Petroleum Refining $361,431 $53,319 $25,036 0 Rubber & Leather Products $125,584 $54,218 $31,696 1 Lumber Products & Furniture $54,089 $19,233 $13,712 0 Stone, Clay, & Glass Products $65,044 $36,845 $19,270 0 Primary Metal $38,979 $10,962 $8,159 0 Fabricated Metal Products $119,703 $41,822 $27,000 0 Machinery, Except Electrical $36,705 $14,961 $10,688 0 Electric & Electronic Equipment $80,701 $42,051 $25,139 0 Motor Vehicles & Equipment $73,543 $14,790 $9,609 0 Transp. Equip., Exc. Motor Vehicles $32,891 $14,170 $9,260 0 Instruments & Related Products $22,161 $9,088 $6,907 0 Miscellaneous Manufacturing $67,204 $27,089 $18,684 0 Transportation $816,070 $561,819 $371,567 5 Communication $684,729 $420,431 $179,496 2 Electric, Gas, Water, Sanitary Services $846,940 $193,902 $84,614 0 Wholesale Trade $962,076 $651,124 $375,444 4 Retail Trade $10,080,868 $8,353,481 $4,995, Finance $415,009 $220,537 $128,419 1 Insurance $539,564 $322,850 $193,012 2 Real Estate $3,334,867 $594,705 $95,820 1 Hotels, Lodging Places, Amusements $271,956 $140,886 $92,426 2 Personal Services $521,887 $321,324 $249,995 4 Business Services $1,115,232 $709,347 $578,645 7 Eating & Drinking Places $3,059,752 $1,792,244 $953, Health Services $790,509 $554,185 $468,569 8 Miscellaneous Services $695,675 $286,879 $248,701 6 Households $29,226 $29,226 $28,607 2 Total $28,251,921 $16,564,009 $9,902, SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

55 The Annual Impact of Incremental Sales Associated with The College Park Development at The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $636,762 $158,389 $107,872 2 Forestry & Fishery Products $17,064 $18,884 $7,004 0 Coal Mining $47,555 $13,798 $14,539 0 Crude Petroleum & Natural Gas $343,630 $75,081 $34,627 0 Miscellaneous Mining $8,515 $3,233 $1,900 0 New Construction $0 $0 $0 0 Maintenance & Repair Construction $532,536 $280,989 $231,552 3 Food Products & Tobacco $1,379,222 $355,082 $181,393 3 Textile Mill Products $14,136 $3,302 $2,794 0 Apparel $216,729 $120,589 $61,104 2 Paper & Allied Products $228,380 $100,957 $45,642 1 Printing & Publishing $338,981 $173,541 $113,274 2 Chemicals & Petroleum Refining $936,127 $138,145 $64,867 0 Rubber & Leather Products $144,619 $62,433 $36,498 1 Lumber Products & Furniture $54,791 $19,480 $13,888 0 Stone, Clay, & Glass Products $65,955 $37,350 $19,534 0 Primary Metal $52,584 $14,785 $11,005 0 Fabricated Metal Products $137,867 $48,186 $31,109 1 Machinery, Except Electrical $78,541 $32,005 $22,864 0 Electric & Electronic Equipment $81,813 $42,636 $25,489 0 Motor Vehicles & Equipment $74,439 $14,992 $9,739 0 Transp. Equip., Exc. Motor Vehicles $33,280 $14,337 $9,369 0 Instruments & Related Products $22,474 $9,216 $7,005 0 Miscellaneous Manufacturing $70,139 $28,266 $19,496 0 Transportation $826,609 $569,063 $376,358 5 Communication $695,719 $427,221 $182,395 2 Electric, Gas, Water, Sanitary Services $1,340,707 $308,356 $134,558 1 Wholesale Trade $973,388 $658,779 $379,858 4 Retail Trade $10,246,537 $8,490,766 $5,077, Finance $419,775 $223,054 $129,885 1 Insurance $546,112 $326,769 $195,355 2 Real Estate $3,400,225 $601,124 $96,854 1 Hotels, Lodging Places, Amusements $277,516 $143,815 $94,348 2 Personal Services $563,611 $346,699 $269,737 5 Business Services $1,129,853 $717,953 $585,666 7 Eating & Drinking Places $3,118,990 $1,826,955 $972, Health Services $921,463 $645,165 $545,493 9 Miscellaneous Services $811,236 $336,246 $291,497 7 Households $41,892 $41,892 $41,006 3 Total $30,829,769 $17,429,530 $10,444, SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

56 The Annual Impact of All Ongoing Activities (Educational and Research Spending as well as Related Student and Visitor Outlays) Associated with The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $13,608,501 $3,827,994 $2,607, Forestry & Fishery Products $121,690 $114,047 $42,297 1 Coal Mining $1,690,061 $479,202 $504,968 3 Crude Petroleum & Natural Gas $15,730,220 $3,460,217 $1,595,848 8 Miscellaneous Mining $372,493 $147,898 $86,939 1 New Construction $0 $0 $0 0 Maintenance & Repair Construction $45,303,188 $24,191,159 $19,935, Food Products & Tobacco $68,220,441 $17,654,936 $9,018, Textile Mill Products $599,316 $126,681 $107,188 2 Apparel $13,115,191 $7,248,837 $3,673, Paper & Allied Products $12,000,147 $5,308,878 $2,400, Printing & Publishing $21,713,723 $10,324,309 $6,738, Chemicals & Petroleum Refining $25,701,067 $3,872,825 $1,818, Rubber & Leather Products $8,311,331 $3,596,686 $2,102, Lumber Products & Furniture $4,105,214 $1,441,008 $1,027, Stone, Clay, & Glass Products $5,632,772 $3,177,089 $1,661, Primary Metal $2,930,202 $788,292 $586,769 9 Fabricated Metal Products $8,672,773 $3,115,541 $2,011, Machinery, Except Electrical $2,784,078 $1,103,271 $788,182 8 Electric & Electronic Equipment $6,741,539 $3,493,240 $2,088, Motor Vehicles & Equipment $5,271,999 $1,124,983 $730, Transp. Equip., Exc. Motor Vehicles $2,524,371 $1,044,505 $682,547 8 Instruments & Related Products $1,803,744 $729,344 $554,366 7 Miscellaneous Manufacturing $4,228,372 $1,653,940 $1,140, Transportation $67,609,439 $45,319,129 $29,972, Communication $45,389,573 $27,988,648 $11,949, Electric, Gas, Water, Sanitary Services $68,052,780 $15,361,744 $6,703, Wholesale Trade $62,026,375 $41,976,300 $24,203, Retail Trade $222,877,491 $184,705,597 $110,448,039 2,895 Finance $26,905,009 $14,491,519 $8,438, Insurance $35,612,173 $21,358,670 $12,769, Real Estate $273,951,382 $50,718,791 $8,171, Hotels, Lodging Places, Amusements $25,220,562 $13,237,037 $8,683, Personal Services $42,797,980 $26,304,653 $20,465, Business Services $74,929,732 $45,952,706 $37,485, Eating & Drinking Places $107,006,874 $62,675,516 $33,346,718 1,507 Health Services $61,258,628 $43,029,315 $36,381, Miscellaneous Services $517,791,326 $337,882,709 $295,162,199 6,456 Households $2,034,800 $2,034,800 $1,991, Total $1,904,646,556 $1,031,062,014 $708,077,688 14,685 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

57 The Annual Impact of All Ongoing Activities (Educational and Research Spending as well as Related Student and Visitor Outlays) Associated with The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $35,073,623 $9,861,129 $6,715, Forestry & Fishery Products $782,404 $734,726 $272,499 3 Coal Mining $3,623,617 $1,027,823 $1,083,082 7 Crude Petroleum & Natural Gas $25,844,116 $5,684,422 $2,621, Miscellaneous Mining $713,862 $283,738 $166,792 2 New Construction $0 $0 $0 0 Maintenance & Repair Construction $52,669,037 $28,109,771 $23,164, Food Products & Tobacco $71,860,011 $18,595,156 $9,499, Textile Mill Products $1,018,468 $215,515 $182,349 4 Apparel $15,709,230 $8,682,620 $4,399, Paper & Allied Products $12,167,761 $5,383,053 $2,433, Printing & Publishing $21,949,651 $10,443,771 $6,816, Chemicals & Petroleum Refining $66,617,984 $10,039,138 $4,713, Rubber & Leather Products $9,586,825 $4,148,304 $2,425, Lumber Products & Furniture $4,158,144 $1,459,574 $1,040, Stone, Clay, & Glass Products $5,701,523 $3,215,193 $1,681, Primary Metal $3,953,137 $1,063,909 $791, Fabricated Metal Products $9,994,305 $3,590,257 $2,317, Machinery, Except Electrical $5,956,814 $2,360,954 $1,686, Electric & Electronic Equipment $6,825,458 $3,537,428 $2,114, Motor Vehicles & Equipment $5,339,560 $1,140,192 $740, Transp. Equip., Exc. Motor Vehicles $2,553,732 $1,057,071 $690,759 8 Instruments & Related Products $1,827,369 $739,033 $561,732 7 Miscellaneous Manufacturing $4,422,064 $1,729,886 $1,193, Transportation $68,404,555 $45,865,711 $30,333, Communication $46,218,775 $28,500,993 $12,167, Electric, Gas, Water, Sanitary Services $104,783,844 $23,691,357 $10,338, Wholesale Trade $62,879,895 $42,553,881 $24,536, Retail Trade $234,916,025 $194,682,871 $116,414,130 3,052 Finance $27,264,656 $14,681,467 $8,549, Insurance $36,106,226 $21,654,374 $12,945, Real Estate $278,882,777 $51,203,174 $8,249, Hotels, Lodging Places, Amusements $25,640,132 $13,458,025 $8,828, Personal Services $45,860,575 $28,155,404 $21,905, Business Services $76,032,879 $46,602,079 $38,015, Eating & Drinking Places $111,455,585 $65,281,302 $34,733,139 1,570 Health Services $70,559,927 $49,494,110 $41,847, Miscellaneous Services $526,421,132 $342,555,704 $299,213,294 6,552 Households $2,919,268 $2,919,268 $2,857, Total $2,086,694,946 $1,094,402,381 $748,252,241 15,417 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

58 Economic Benefits by Source of Stimulus: Construction by The Perryman Group

59 The Impact Associated with the Construction of the Engineering Research Complex at The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $3,000,980 $840,319 $572,303 9 Forestry & Fishery Products $28,771 $25,377 $9,409 0 Coal Mining $400,292 $116,838 $123,118 1 Crude Petroleum & Natural Gas $3,597,963 $782,220 $360,759 2 Miscellaneous Mining $536,763 $249,397 $146,603 2 New Construction $155,710,000 $70,649,962 $58,219, Maintenance & Repair Construction $7,209,767 $3,825,709 $3,152, Food Products & Tobacco $15,409,722 $3,988,717 $2,037, Textile Mill Products $167,072 $43,500 $36,806 1 Apparel $3,160,143 $1,749,674 $886, Paper & Allied Products $3,655,692 $1,686,248 $762, Printing & Publishing $3,552,334 $1,760,732 $1,149, Chemicals & Petroleum Refining $7,612,272 $1,327,046 $623,126 4 Rubber & Leather Products $3,484,402 $1,462,322 $854, Lumber Products & Furniture $5,603,624 $2,025,045 $1,443, Stone, Clay, & Glass Products $12,589,438 $6,136,268 $3,209, Primary Metal $4,819,766 $1,369,208 $1,019, Fabricated Metal Products $16,773,057 $6,337,885 $4,091, Machinery, Except Electrical $2,332,640 $866,659 $619,143 7 Electric & Electronic Equipment $4,670,161 $2,563,436 $1,532, Motor Vehicles & Equipment $1,324,994 $276,212 $179,442 2 Transp. Equip., Exc. Motor Vehicles $723,588 $308,070 $201,312 3 Instruments & Related Products $707,313 $320,114 $243,312 3 Miscellaneous Manufacturing $1,059,974 $399,008 $275,199 4 Transportation $16,109,140 $10,757,570 $7,114, Communication $10,069,993 $6,200,464 $2,647, Electric, Gas, Water, Sanitary Services $13,548,278 $3,058,041 $1,334,447 6 Wholesale Trade $22,225,865 $15,035,261 $8,669, Retail Trade $46,977,069 $38,918,666 $23,272, Finance $6,870,846 $3,702,078 $2,155, Insurance $8,987,471 $5,392,606 $3,223, Real Estate $49,759,735 $7,038,648 $1,134, Hotels, Lodging Places, Amusements $4,649,954 $2,437,635 $1,599, Personal Services $8,737,802 $5,388,551 $4,192, Business Services $28,298,926 $17,826,632 $14,541, Eating & Drinking Places $20,092,639 $11,765,885 $6,260, Health Services $13,674,231 $9,583,470 $8,102, Miscellaneous Services $11,911,906 $4,918,480 $4,263, Households $500,821 $500,821 $490, Total $520,545,404 $251,634,774 $170,752,521 2,931 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

60 The Impact Associated with the Construction of the Engineering Research Complex at The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $7,770,192 $2,174,551 $1,480, Forestry & Fishery Products $185,683 $164,385 $60,970 1 Coal Mining $861,929 $251,517 $265,043 2 Crude Petroleum & Natural Gas $5,934,034 $1,290,208 $595,043 3 Miscellaneous Mining $1,018,260 $473,016 $278,063 3 New Construction $155,710,000 $70,649,962 $58,219, Maintenance & Repair Construction $8,470,358 $4,491,044 $3,700, Food Products & Tobacco $16,299,079 $4,218,424 $2,154, Textile Mill Products $284,066 $73,828 $62,468 1 Apparel $3,794,519 $2,100,870 $1,064, Paper & Allied Products $3,704,157 $1,707,693 $772, Printing & Publishing $3,620,552 $1,795,275 $1,171, Chemicals & Petroleum Refining $19,725,055 $3,432,828 $1,611, Rubber & Leather Products $4,002,477 $1,680,129 $982, Lumber Products & Furniture $5,618,929 $2,030,416 $1,447, Stone, Clay, & Glass Products $12,609,319 $6,147,284 $3,215, Primary Metal $6,427,283 $1,825,756 $1,359, Fabricated Metal Products $19,098,538 $7,215,831 $4,658, Machinery, Except Electrical $4,943,424 $1,837,388 $1,312, Electric & Electronic Equipment $4,694,426 $2,576,215 $1,540, Motor Vehicles & Equipment $1,344,529 $280,610 $182,300 2 Transp. Equip., Exc. Motor Vehicles $732,076 $311,705 $203,686 3 Instruments & Related Products $714,143 $322,913 $245,444 3 Miscellaneous Manufacturing $1,110,617 $418,352 $288,543 5 Transportation $16,339,049 $10,915,616 $7,219, Communication $10,309,758 $6,348,610 $2,710, Electric, Gas, Water, Sanitary Services $21,187,500 $4,789,407 $2,089,969 9 Wholesale Trade $22,472,665 $15,202,272 $8,765, Retail Trade $50,444,845 $41,791,498 $24,989, Finance $6,974,837 $3,757,001 $2,187, Insurance $9,130,327 $5,478,111 $3,275, Real Estate $51,185,668 $7,178,710 $1,156, Hotels, Lodging Places, Amusements $4,771,272 $2,501,533 $1,641, Personal Services $9,496,064 $5,851,501 $4,552, Business Services $28,617,908 $18,014,401 $14,695, Eating & Drinking Places $21,249,394 $12,443,285 $6,620, Health Services $16,031,115 $11,221,554 $9,487, Miscellaneous Services $13,951,645 $5,789,031 $5,018, Households $719,950 $719,950 $704, Total $571,555,642 $269,472,680 $181,989,135 3,131 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

61 The Impact Associated with the Construction of the College Park Center at The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $1,470,405 $408,828 $278,432 4 Forestry & Fishery Products $15,531 $12,592 $4,672 0 Coal Mining $198,661 $57,992 $61,109 0 Crude Petroleum & Natural Gas $1,905,047 $420,356 $193,868 1 Miscellaneous Mining $318,083 $152,864 $89,861 1 New Construction $78,000,000 $34,302,262 $28,267, Maintenance & Repair Construction $3,565,094 $1,891,304 $1,558, Food Products & Tobacco $7,579,620 $1,968,720 $1,005, Textile Mill Products $87,884 $21,686 $18,350 0 Apparel $1,567,319 $871,433 $441, Paper & Allied Products $1,502,133 $668,042 $302,016 5 Printing & Publishing $1,758,564 $875,368 $571, Chemicals & Petroleum Refining $3,742,228 $609,900 $286,386 2 Rubber & Leather Products $1,526,725 $647,766 $378,681 8 Lumber Products & Furniture $2,710,488 $947,732 $675, Stone, Clay, & Glass Products $7,488,223 $3,623,543 $1,895, Primary Metal $2,394,467 $677,361 $504,196 7 Fabricated Metal Products $7,221,418 $2,693,891 $1,739, Machinery, Except Electrical $1,336,377 $505,716 $361,283 4 Electric & Electronic Equipment $1,780,966 $942,427 $563,413 5 Motor Vehicles & Equipment $652,177 $137,518 $89,340 1 Transp. Equip., Exc. Motor Vehicles $353,038 $153,625 $100,387 1 Instruments & Related Products $290,603 $129,032 $98,076 1 Miscellaneous Manufacturing $528,060 $198,726 $137,062 2 Transportation $7,814,786 $5,193,314 $3,434, Communication $4,811,093 $2,967,916 $1,267, Electric, Gas, Water, Sanitary Services $6,655,368 $1,503,090 $655,908 3 Wholesale Trade $10,758,597 $7,283,099 $4,199, Retail Trade $23,804,781 $19,725,607 $11,795, Finance $3,390,634 $1,830,535 $1,065,927 9 Insurance $4,466,848 $2,671,846 $1,597, Real Estate $24,457,159 $3,498,961 $563,758 5 Hotels, Lodging Places, Amusements $2,282,592 $1,196,916 $785, Personal Services $4,306,379 $2,650,706 $2,062, Business Services $14,364,112 $8,932,078 $7,286, Eating & Drinking Places $9,923,989 $5,806,032 $3,089, Health Services $6,716,738 $4,709,200 $3,981, Miscellaneous Services $6,206,920 $2,510,729 $2,176, Households $249,570 $249,570 $244, Total $258,202,677 $123,648,283 $83,826,472 1,444 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

62 The Impact Associated with the Construction of the College Park Center at The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $3,808,940 $1,058,567 $720, Forestry & Fishery Products $100,087 $81,585 $30,260 0 Coal Mining $427,877 $124,871 $131,584 1 Crude Petroleum & Natural Gas $3,138,912 $692,492 $319,376 1 Miscellaneous Mining $603,176 $289,810 $170,364 2 New Construction $78,000,000 $34,302,262 $28,267, Maintenance & Repair Construction $4,189,821 $2,220,948 $1,830, Food Products & Tobacco $8,020,047 $2,082,727 $1,063, Textile Mill Products $149,324 $36,808 $31,144 1 Apparel $1,882,263 $1,046,457 $530, Paper & Allied Products $1,526,441 $678,798 $306,880 5 Printing & Publishing $1,792,779 $892,696 $582, Chemicals & Petroleum Refining $9,699,461 $1,579,325 $741,583 5 Rubber & Leather Products $1,756,071 $745,181 $435,629 9 Lumber Products & Furniture $2,718,167 $950,427 $677, Stone, Clay, & Glass Products $7,498,194 $3,629,068 $1,898, Primary Metal $3,193,160 $903,251 $672, Fabricated Metal Products $8,225,497 $3,068,170 $1,980, Machinery, Except Electrical $2,830,318 $1,071,339 $765,368 8 Electric & Electronic Equipment $1,793,135 $948,834 $567,246 5 Motor Vehicles & Equipment $661,975 $139,722 $90,772 1 Transp. Equip., Exc. Motor Vehicles $357,295 $155,447 $101,581 1 Instruments & Related Products $294,029 $130,435 $99,141 1 Miscellaneous Manufacturing $553,342 $208,381 $143,724 2 Transportation $7,930,098 $5,272,584 $3,487, Communication $4,931,351 $3,042,219 $1,298, Electric, Gas, Water, Sanitary Services $10,415,819 $2,356,179 $1,028,175 4 Wholesale Trade $10,882,382 $7,366,862 $4,247, Retail Trade $25,584,940 $21,200,716 $12,677, Finance $3,442,794 $1,858,083 $1,081, Insurance $4,538,500 $2,714,730 $1,622, Real Estate $25,172,340 $3,569,208 $575,076 5 Hotels, Lodging Places, Amusements $2,343,439 $1,228,966 $806, Personal Services $4,684,288 $2,880,875 $2,241, Business Services $14,524,097 $9,026,253 $7,363, Eating & Drinking Places $10,501,821 $6,144,155 $3,269, Health Services $7,879,152 $5,517,595 $4,665, Miscellaneous Services $7,281,792 $2,958,182 $2,564, Households $358,795 $358,795 $351, Total $283,691,919 $132,533,003 $89,438,529 1,544 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

63 The Impact Associated with the Construction of the College Park Mixed-Use Development at The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $1,430,519 $391,723 $266,787 4 Forestry & Fishery Products $16,267 $12,604 $4,671 0 Coal Mining $204,945 $58,105 $61,229 0 Crude Petroleum & Natural Gas $1,992,782 $439,310 $202,610 1 Miscellaneous Mining $287,244 $138,062 $81,157 1 New Construction $80,000,000 $32,402,285 $26,701, Maintenance & Repair Construction $3,578,293 $1,903,465 $1,568, Food Products & Tobacco $7,432,551 $1,924,165 $982, Textile Mill Products $77,908 $18,796 $15,902 0 Apparel $1,557,564 $862,535 $437, Paper & Allied Products $1,523,788 $682,348 $308,486 5 Printing & Publishing $1,730,064 $863,186 $563,423 9 Chemicals & Petroleum Refining $3,884,111 $625,185 $293,561 2 Rubber & Leather Products $1,448,362 $611,642 $357,562 7 Lumber Products & Furniture $3,133,952 $1,030,408 $734, Stone, Clay, & Glass Products $6,939,439 $3,327,665 $1,740, Primary Metal $2,729,593 $785,503 $584,688 9 Fabricated Metal Products $10,086,991 $3,661,849 $2,364, Machinery, Except Electrical $1,381,401 $522,977 $373,617 4 Electric & Electronic Equipment $1,601,186 $847,391 $506,600 4 Motor Vehicles & Equipment $645,781 $138,879 $90,222 1 Transp. Equip., Exc. Motor Vehicles $350,408 $148,885 $97,289 1 Instruments & Related Products $279,189 $121,093 $92,043 1 Miscellaneous Manufacturing $583,990 $226,138 $155,971 2 Transportation $8,128,961 $5,412,712 $3,579, Communication $4,865,398 $3,001,521 $1,281, Electric, Gas, Water, Sanitary Services $6,593,185 $1,480,259 $645,945 3 Wholesale Trade $11,003,939 $7,447,446 $4,294, Retail Trade $23,663,641 $19,609,352 $11,725, Finance $3,360,368 $1,820,375 $1,060,011 9 Insurance $4,420,043 $2,646,401 $1,582, Real Estate $23,900,163 $3,398,690 $547,602 5 Hotels, Lodging Places, Amusements $2,213,884 $1,161,084 $761, Personal Services $4,192,119 $2,583,878 $2,010, Business Services $12,519,364 $7,645,409 $6,236, Eating & Drinking Places $9,801,337 $5,739,617 $3,053, Health Services $6,551,872 $4,589,792 $3,880, Miscellaneous Services $6,033,741 $2,442,203 $2,117, Households $240,729 $240,729 $235, Total $260,385,072 $120,963,667 $81,597,963 1,413 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes parking facilities, dormitory, apartment complex, and retail outlets by The Perryman Group

64 The Impact Associated with the Construction of the College Park Mixed-Use Development at The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $3,710,353 $1,015,870 $691, Forestry & Fishery Products $104,803 $81,738 $30,318 0 Coal Mining $441,448 $125,212 $131,943 1 Crude Petroleum & Natural Gas $3,282,897 $723,607 $333,727 2 Miscellaneous Mining $544,868 $261,820 $153,910 2 New Construction $80,000,000 $32,402,285 $26,701, Maintenance & Repair Construction $4,208,475 $2,236,701 $1,843, Food Products & Tobacco $7,872,904 $2,037,900 $1,041, Textile Mill Products $132,684 $31,983 $27,062 1 Apparel $1,871,721 $1,036,482 $525, Paper & Allied Products $1,548,959 $693,493 $313,523 5 Printing & Publishing $1,765,496 $881,126 $575, Chemicals & Petroleum Refining $10,066,913 $1,619,108 $760,265 5 Rubber & Leather Products $1,667,550 $704,351 $411,760 8 Lumber Products & Furniture $3,141,902 $1,033,195 $736, Stone, Clay, & Glass Products $6,949,765 $3,333,388 $1,743, Primary Metal $3,639,233 $1,047,176 $779, Fabricated Metal Products $11,482,169 $4,168,254 $2,691, Machinery, Except Electrical $2,925,694 $1,107,918 $791,500 8 Electric & Electronic Equipment $1,613,788 $854,026 $510,566 4 Motor Vehicles & Equipment $655,927 $141,161 $91,709 1 Transp. Equip., Exc. Motor Vehicles $354,815 $150,777 $98,526 1 Instruments & Related Products $282,739 $122,547 $93,146 1 Miscellaneous Manufacturing $611,396 $236,811 $163,333 2 Transportation $8,248,372 $5,494,799 $3,634, Communication $4,989,932 $3,078,467 $1,314, Electric, Gas, Water, Sanitary Services $10,380,276 $2,330,933 $1,017,158 4 Wholesale Trade $11,132,127 $7,534,186 $4,344, Retail Trade $25,484,846 $21,118,529 $12,628, Finance $3,414,382 $1,848,902 $1,076, Insurance $4,494,242 $2,690,809 $1,608, Real Estate $24,640,784 $3,471,436 $559,324 5 Hotels, Lodging Places, Amusements $2,276,897 $1,194,274 $783, Personal Services $4,570,551 $2,814,934 $2,190, Business Services $12,685,038 $7,742,934 $6,316, Eating & Drinking Places $10,391,304 $6,085,108 $3,237, Health Services $7,699,756 $5,387,394 $4,555, Miscellaneous Services $7,087,885 $2,881,107 $2,497, Households $346,435 $346,435 $339, Total $286,719,326 $130,067,176 $87,341,602 1,515 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes parking facilities, dormitory, apartment complex, and retail outlets by The Perryman Group

65 The Impact Associated with Other New Construction and Maintenance Projects at The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $76,461 $21,142 $14,399 0 Forestry & Fishery Products $786 $643 $240 0 Coal Mining $9,890 $2,878 $3,035 0 Crude Petroleum & Natural Gas $93,169 $20,258 $9,344 0 Miscellaneous Mining $11,653 $5,448 $3,199 0 New Construction $2,100,000 $952,828 $785, Maintenance & Repair Construction $1,981,592 $1,124,978 $927, Food Products & Tobacco $394,988 $102,200 $52,208 1 Textile Mill Products $4,106 $971 $819 0 Apparel $80,648 $44,746 $22,677 1 Paper & Allied Products $91,982 $42,101 $19,033 0 Printing & Publishing $89,454 $44,528 $29,061 0 Chemicals & Petroleum Refining $203,993 $36,573 $17,173 0 Rubber & Leather Products $98,269 $40,857 $23,884 0 Lumber Products & Furniture $124,697 $43,211 $30,809 1 Stone, Clay, & Glass Products $263,008 $126,642 $66,232 1 Primary Metal $103,140 $28,517 $21,226 0 Fabricated Metal Products $375,714 $142,212 $91,814 2 Machinery, Except Electrical $60,276 $22,004 $15,720 0 Electric & Electronic Equipment $101,429 $55,029 $32,897 0 Motor Vehicles & Equipment $33,787 $6,971 $4,528 0 Transp. Equip., Exc. Motor Vehicles $17,870 $7,485 $4,891 0 Instruments & Related Products $16,179 $7,105 $5,404 0 Miscellaneous Manufacturing $26,912 $10,321 $7,117 0 Transportation $398,392 $265,672 $175,708 2 Communication $253,914 $156,705 $66,901 0 Electric, Gas, Water, Sanitary Services $344,472 $77,637 $33,879 0 Wholesale Trade $562,422 $380,512 $219,408 2 Retail Trade $1,247,370 $1,033,525 $618, Finance $177,513 $95,875 $55,827 0 Insurance $224,887 $134,617 $80,480 1 Real Estate $1,272,345 $179,139 $28,861 0 Hotels, Lodging Places, Amusements $115,982 $60,746 $39,851 1 Personal Services $223,260 $137,716 $107,145 2 Business Services $563,323 $349,295 $284,934 3 Eating & Drinking Places $512,544 $300,078 $159,657 7 Health Services $351,173 $246,090 $208,070 3 Miscellaneous Services $297,279 $123,484 $107,049 3 Households $12,886 $12,886 $12,613 1 Total $12,917,765 $6,443,625 $4,386, SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes day care facility and major maintenance items by The Perryman Group

66 The Impact Associated with Other New Construction and Maintenance Projects at The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $197,957 $54,717 $37,266 0 Forestry & Fishery Products $5,057 $4,166 $1,546 0 Coal Mining $21,306 $6,206 $6,535 0 Crude Petroleum & Natural Gas $153,604 $33,395 $15,404 0 Miscellaneous Mining $22,117 $10,330 $6,071 0 New Construction $2,100,000 $952,828 $785, Maintenance & Repair Construction $2,013,376 $1,141,908 $941, Food Products & Tobacco $417,700 $108,067 $55,203 1 Textile Mill Products $6,986 $1,648 $1,393 0 Apparel $96,826 $53,722 $27,223 1 Paper & Allied Products $93,211 $42,643 $19,281 0 Printing & Publishing $91,185 $45,402 $29,635 0 Chemicals & Petroleum Refining $528,226 $94,518 $44,381 0 Rubber & Leather Products $112,775 $46,901 $27,417 0 Lumber Products & Furniture $125,086 $43,347 $30,905 1 Stone, Clay, & Glass Products $263,510 $126,919 $66,378 1 Primary Metal $137,606 $38,048 $28,320 0 Fabricated Metal Products $427,923 $161,956 $104,561 2 Machinery, Except Electrical $127,730 $46,651 $33,327 0 Electric & Electronic Equipment $102,045 $55,354 $33,093 0 Motor Vehicles & Equipment $34,281 $7,085 $4,602 0 Transp. Equip., Exc. Motor Vehicles $18,083 $7,578 $4,950 0 Instruments & Related Products $16,352 $7,176 $5,454 0 Miscellaneous Manufacturing $28,192 $10,817 $7,460 0 Transportation $404,220 $269,682 $178,357 2 Communication $259,995 $160,461 $68,505 0 Electric, Gas, Water, Sanitary Services $537,153 $121,201 $52,889 0 Wholesale Trade $568,681 $384,748 $221,848 2 Retail Trade $1,339,306 $1,109,697 $663, Finance $180,150 $97,265 $56,639 0 Insurance $228,508 $136,785 $81,774 1 Real Estate $1,308,502 $182,688 $29,436 0 Hotels, Lodging Places, Amusements $119,058 $62,364 $40,911 1 Personal Services $242,477 $149,448 $116,275 2 Business Services $571,409 $354,055 $288,817 3 Eating & Drinking Places $541,864 $317,247 $168,792 8 Health Services $411,556 $288,047 $243,547 4 Miscellaneous Services $347,866 $145,246 $125,916 3 Households $18,521 $18,521 $18,130 1 Total $14,220,400 $6,898,837 $4,671, SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes day care facility and major maintenance items by The Perryman Group

67 The Total Impact Associated with All Major Recent and Ongoing Construction Projects at The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $5,978,365 $1,662,012 $1,131, Forestry & Fishery Products $61,355 $51,216 $18,992 0 Coal Mining $813,788 $235,813 $248,491 1 Crude Petroleum & Natural Gas $7,588,961 $1,662,144 $766,581 4 Miscellaneous Mining $1,153,743 $545,771 $320,820 3 New Construction $315,810,000 $138,307,337 $113,973,859 1,607 Maintenance & Repair Construction $16,334,746 $8,745,456 $7,206, Food Products & Tobacco $30,816,881 $7,983,802 $4,078, Textile Mill Products $336,970 $84,953 $71,877 1 Apparel $6,365,674 $3,528,388 $1,787, Paper & Allied Products $6,773,595 $3,078,739 $1,391, Printing & Publishing $7,130,416 $3,543,814 $2,313, Chemicals & Petroleum Refining $15,442,604 $2,598,704 $1,220,246 9 Rubber & Leather Products $6,557,758 $2,762,587 $1,614, Lumber Products & Furniture $11,572,761 $4,046,396 $2,884, Stone, Clay, & Glass Products $27,280,108 $13,214,118 $6,911, Primary Metal $10,046,966 $2,860,589 $2,129, Fabricated Metal Products $34,457,180 $12,835,837 $8,286, Machinery, Except Electrical $5,110,694 $1,917,356 $1,369, Electric & Electronic Equipment $8,153,742 $4,408,283 $2,635, Motor Vehicles & Equipment $2,656,739 $559,580 $363,532 5 Transp. Equip., Exc. Motor Vehicles $1,444,904 $618,065 $403,879 5 Instruments & Related Products $1,293,284 $577,344 $438,835 5 Miscellaneous Manufacturing $2,198,936 $834,193 $575,349 9 Transportation $32,451,279 $21,629,268 $14,304, Communication $20,000,398 $12,326,606 $5,262, Electric, Gas, Water, Sanitary Services $27,141,303 $6,119,027 $2,670, Wholesale Trade $44,550,823 $30,146,318 $17,382, Retail Trade $95,692,861 $79,287,150 $47,411,176 1,243 Finance $13,799,361 $7,448,863 $4,337, Insurance $18,099,249 $10,845,470 $6,483, Real Estate $99,389,402 $14,115,438 $2,274, Hotels, Lodging Places, Amusements $9,262,412 $4,856,381 $3,185, Personal Services $17,459,560 $10,760,851 $8,372, Business Services $55,745,725 $34,753,414 $28,349, Eating & Drinking Places $40,330,509 $23,611,612 $12,562, Health Services $27,294,014 $19,128,552 $16,173, Miscellaneous Services $24,449,846 $9,994,896 $8,664, Households $1,004,006 $1,004,006 $982, Total $1,052,050,918 $502,690,349 $340,563,310 5,861 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

68 The Total Impact Associated with All Major Recent and Ongoing Construction Projects at The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Person- Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Years) Agricultural Products & Services $15,487,442 $4,303,705 $2,931, Forestry & Fishery Products $395,630 $331,874 $123,094 1 Coal Mining $1,752,560 $507,806 $535,105 3 Crude Petroleum & Natural Gas $12,509,447 $2,739,702 $1,263,550 6 Miscellaneous Mining $2,188,421 $1,034,976 $608,408 6 New Construction $315,810,000 $138,307,337 $113,973,859 1,607 Maintenance & Repair Construction $18,882,030 $10,090,601 $8,315, Food Products & Tobacco $32,609,730 $8,447,118 $4,315, Textile Mill Products $573,060 $144,267 $122,067 2 Apparel $7,645,329 $4,237,531 $2,147, Paper & Allied Products $6,872,768 $3,122,627 $1,411, Printing & Publishing $7,270,012 $3,614,499 $2,359, Chemicals & Petroleum Refining $40,019,655 $6,725,779 $3,158, Rubber & Leather Products $7,538,873 $3,176,562 $1,857, Lumber Products & Furniture $11,604,084 $4,057,385 $2,892, Stone, Clay, & Glass Products $27,320,788 $13,236,659 $6,922, Primary Metal $13,397,282 $3,814,231 $2,839, Fabricated Metal Products $39,234,127 $14,614,211 $9,434, Machinery, Except Electrical $10,827,166 $4,063,296 $2,902, Electric & Electronic Equipment $8,203,394 $4,434,429 $2,651, Motor Vehicles & Equipment $2,696,712 $568,578 $369,383 5 Transp. Equip., Exc. Motor Vehicles $1,462,269 $625,507 $408,743 5 Instruments & Related Products $1,307,263 $583,071 $443,185 5 Miscellaneous Manufacturing $2,303,547 $874,361 $603,060 9 Transportation $32,921,739 $21,952,681 $14,518, Communication $20,491,036 $12,629,757 $5,392, Electric, Gas, Water, Sanitary Services $42,520,748 $9,597,720 $4,188, Wholesale Trade $45,055,855 $30,488,068 $17,579, Retail Trade $102,853,937 $85,220,440 $50,959,099 1,335 Finance $14,012,163 $7,561,251 $4,402, Insurance $18,391,577 $11,020,435 $6,588, Real Estate $102,307,294 $14,402,042 $2,320, Hotels, Lodging Places, Amusements $9,510,666 $4,987,137 $3,271, Personal Services $18,993,380 $11,696,758 $9,100, Business Services $56,398,452 $35,137,643 $28,663, Eating & Drinking Places $42,684,383 $24,989,795 $13,295, Health Services $32,021,579 $22,414,590 $18,951, Miscellaneous Services $28,669,188 $11,773,566 $10,206, Households $1,443,701 $1,443,701 $1,413, Total $1,156,187,287 $538,971,696 $363,441,262 6,268 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group

69 Economic Benefits by Source of Stimulus: External Effects by The Perryman Group

70 The Annual Impact of Spinoff Benefits from Funded Research Conducted at The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $5,685,401 $1,313,338 $894, Forestry & Fishery Products $34,020 $26,783 $9,933 0 Coal Mining $395,008 $112,909 $118,978 1 Crude Petroleum & Natural Gas $9,743,124 $2,135,091 $984,701 5 Miscellaneous Mining $460,554 $180,968 $106,382 1 New Construction $0 $0 $0 0 Maintenance & Repair Construction $7,109,825 $3,826,412 $3,153, Food Products & Tobacco $34,686,523 $8,579,819 $4,382, Textile Mill Products $387,207 $92,359 $78,142 2 Apparel $3,088,148 $1,708,300 $865, Paper & Allied Products $7,919,315 $3,661,139 $1,655, Printing & Publishing $12,810,340 $6,566,726 $4,286, Chemicals & Petroleum Refining $61,799,274 $12,643,016 $5,936, Rubber & Leather Products $7,657,732 $3,180,513 $1,859, Lumber Products & Furniture $5,297,701 $1,980,872 $1,412, Stone, Clay, & Glass Products $5,948,784 $3,103,250 $1,623, Primary Metal $7,236,441 $1,926,070 $1,433, Fabricated Metal Products $11,571,072 $4,541,855 $2,932, Machinery, Except Electrical $19,071,277 $7,629,506 $5,450, Electric & Electronic Equipment $33,944,241 $20,672,113 $12,358, Motor Vehicles & Equipment $9,270,839 $2,329,778 $1,513, Transp. Equip., Exc. Motor Vehicles $18,094,344 $9,373,330 $6,125, Instruments & Related Products $3,121,615 $1,391,334 $1,057, Miscellaneous Manufacturing $3,603,542 $1,404,823 $968, Transportation $15,315,458 $9,815,338 $6,491, Communication $7,953,956 $4,904,209 $2,093, Electric, Gas, Water, Sanitary Services $12,534,467 $2,792,291 $1,218,480 5 Wholesale Trade $19,432,667 $13,149,049 $7,581, Retail Trade $31,757,082 $26,314,254 $15,735, Finance $5,790,360 $3,159,599 $1,839, Insurance $6,541,354 $3,914,947 $2,340, Real Estate $39,001,243 $6,260,022 $1,008,624 9 Hotels, Lodging Places, Amusements $3,736,488 $1,951,970 $1,280, Personal Services $6,523,117 $4,009,698 $3,119, Business Services $15,115,645 $9,158,167 $7,470, Eating & Drinking Places $16,057,220 $9,401,658 $5,002, Health Services $10,060,832 $7,047,489 $5,958, Miscellaneous Services $8,848,487 $3,693,659 $3,202, Households $376,563 $376,563 $368, Total $467,981,263 $204,329,220 $123,919,309 2,014 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes typical startup activity and employment for funded research since 2000 (fully adjusted for attrition) and out-ofarea locations as well as estimated annual rate of return on research activity by The Perryman Group

71 The Annual Impact of Spinoff Benefits from Funded Research Conducted at The University of Texas at Arlington on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $14,611,143 $3,382,361 $2,303, Forestry & Fishery Products $219,447 $173,920 $64,504 1 Coal Mining $854,330 $244,272 $257,405 1 Crude Petroleum & Natural Gas $15,900,567 $3,484,332 $1,606,970 8 Miscellaneous Mining $874,490 $343,730 $202,059 2 New Construction $0 $0 $0 0 Maintenance & Repair Construction $8,387,422 $4,508,125 $3,714, Food Products & Tobacco $35,647,234 $8,823,205 $4,507, Textile Mill Products $506,784 $121,191 $102,538 2 Apparel $3,607,431 $1,995,507 $1,011, Paper & Allied Products $7,975,594 $3,686,044 $1,666, Printing & Publishing $12,889,753 $6,606,938 $4,312, Chemicals & Petroleum Refining $80,107,083 $16,784,489 $7,881, Rubber & Leather Products $8,209,425 $3,409,345 $1,993, Lumber Products & Furniture $5,315,430 $1,987,091 $1,416, Stone, Clay, & Glass Products $5,971,890 $3,116,057 $1,629, Primary Metal $8,628,700 $2,302,636 $1,713, Fabricated Metal Products $12,196,597 $4,774,989 $3,082, Machinery, Except Electrical $21,662,474 $8,710,615 $6,222, Electric & Electronic Equipment $33,972,907 $20,687,207 $12,367, Motor Vehicles & Equipment $9,293,614 $2,334,905 $1,516, Transp. Equip., Exc. Motor Vehicles $18,104,224 $9,377,560 $6,127, Instruments & Related Products $3,129,592 $1,394,606 $1,060, Miscellaneous Manufacturing $3,649,855 $1,422,987 $981, Transportation $15,581,594 $9,998,289 $6,612, Communication $8,233,634 $5,077,016 $2,167, Electric, Gas, Water, Sanitary Services $20,831,318 $4,635,029 $2,022,603 8 Wholesale Trade $19,722,138 $13,344,936 $7,694, Retail Trade $34,752,520 $28,796,313 $17,219, Finance $5,913,402 $3,224,584 $1,877, Insurance $6,708,188 $4,014,802 $2,400, Real Estate $40,654,627 $6,422,425 $1,034,791 9 Hotels, Lodging Places, Amusements $3,877,892 $2,026,447 $1,329, Personal Services $7,245,025 $4,450,700 $3,462, Business Services $15,488,410 $9,377,597 $7,649, Eating & Drinking Places $17,260,815 $10,106,440 $5,377, Health Services $11,991,432 $8,391,271 $7,094, Miscellaneous Services $10,502,361 $4,402,058 $3,816, Households $545,385 $545,385 $533, Total $531,024,733 $224,485,403 $136,037,007 2,209 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Includes typical startup activity and employment for funded research since 2000 (fully adjusted for attrition) and out-ofarea locations as well as estimated annual rate of return on research activity by The Perryman Group

72 The Annual Impact of Graduates of The University of Texas at Arlington Employed in the North Central Texas Area on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $183,132,520 $48,068,230 $32,737, Forestry & Fishery Products $1,368,580 $1,214,189 $450,321 6 Coal Mining $31,098,721 $8,924,407 $9,404, Crude Petroleum & Natural Gas $1,205,218,995 $264,139,300 $121,820, Miscellaneous Mining $23,056,291 $10,047,178 $5,906, New Construction $0 $0 $0 0 Maintenance & Repair Construction $551,575,965 $292,091,085 $240,701,246 3,394 Food Products & Tobacco $1,143,269,862 $283,929,797 $145,044,910 2,424 Textile Mill Products $9,975,530 $2,427,761 $2,054, Apparel $153,632,090 $85,085,114 $43,113,926 1,175 Paper & Allied Products $210,201,377 $95,956,100 $43,381, Printing & Publishing $373,396,113 $186,958,052 $122,031,738 2,071 Chemicals & Petroleum Refining $815,432,870 $180,004,306 $84,522, Rubber & Leather Products $187,616,685 $78,890,265 $46,118, Lumber Products & Furniture $124,736,967 $45,319,856 $32,310, Stone, Clay, & Glass Products $140,841,883 $73,729,005 $38,560, Primary Metal $135,533,020 $36,172,274 $26,924, Fabricated Metal Products $276,320,503 $106,101,054 $68,498,978 1,173 Machinery, Except Electrical $242,095,082 $98,262,675 $70,199, Electric & Electronic Equipment $514,548,316 $302,825,380 $181,039,315 1,503 Motor Vehicles & Equipment $182,425,524 $42,785,519 $27,796, Transp. Equip., Exc. Motor Vehicles $260,578,042 $132,000,555 $86,257,685 1,032 Instruments & Related Products $53,074,050 $22,777,667 $17,313, Miscellaneous Manufacturing $78,703,865 $30,648,464 $21,138, Transportation $882,449,658 $571,197,619 $377,769,716 5,221 Communication $1,174,166,907 $725,747,197 $309,844,778 2,740 Electric, Gas, Water, Sanitary Services $1,268,919,909 $279,295,339 $121,877, Wholesale Trade $810,759,310 $548,383,862 $316,203,020 3,536 Retail Trade $1,817,072,646 $1,505,461,145 $900,217,627 23,598 Finance $2,477,215,689 $781,426,258 $455,026,780 4,045 Insurance $780,288,066 $497,668,110 $297,525,595 3,578 Real Estate $4,979,165,345 $1,467,507,575 $236,447,296 2,098 Hotels, Lodging Places, Amusements $222,308,006 $116,017,603 $76,111,560 1,854 Personal Services $386,345,211 $237,557,033 $184,823,212 3,114 Business Services $2,512,433,399 $1,606,904,235 $1,310,822,101 15,949 Eating & Drinking Places $965,294,827 $565,198,471 $300,715,758 13,594 Health Services $1,204,787,222 $825,476,841 $697,948,315 11,528 Miscellaneous Services $780,163,071 $371,908,042 $322,413,290 7,700 Households $22,618,452 $22,618,452 $22,139,846 1,530 Total $27,181,820,569 $12,550,726,016 $7,397,212, ,281 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Adjusted for industrial employment patterns, retirees, unemployment, and labor force participation by The Perryman Group

73 The Annual Impact of Graduates of The University of Texas at Arlington Employed in the North Central Texas Area on Business Activity in Texas Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $471,834,249 $123,910,398 $84,389,879 1,348 Forestry & Fishery Products $8,815,309 $7,847,287 $2,910, Coal Mining $60,386,253 $17,322,159 $18,253, Crude Petroleum & Natural Gas $1,364,845,116 $299,118,039 $137,952, Miscellaneous Mining $32,220,528 $13,691,295 $8,048, New Construction $0 $0 $0 0 Maintenance & Repair Construction $641,743,864 $339,690,361 $279,926,014 3,947 Food Products & Tobacco $1,191,610,972 $296,297,873 $151,363,114 2,529 Textile Mill Products $14,896,937 $3,636,762 $3,077, Apparel $182,142,796 $100,877,182 $51,116,009 1,393 Paper & Allied Products $212,357,254 $96,910,144 $43,812, Printing & Publishing $376,479,864 $188,519,528 $123,050,948 2,088 Chemicals & Petroleum Refining $1,434,753,458 $293,974,120 $138,037,919 1,021 Rubber & Leather Products $206,188,122 $86,800,781 $50,743,338 1,011 Lumber Products & Furniture $125,407,220 $45,554,946 $32,478, Stone, Clay, & Glass Products $141,731,759 $74,222,204 $38,818, Primary Metal $166,023,393 $44,489,967 $33,116, Fabricated Metal Products $296,430,353 $113,499,781 $73,275,606 1,255 Machinery, Except Electrical $305,789,618 $124,735,991 $89,111, Electric & Electronic Equipment $515,749,631 $303,457,941 $181,417,481 1,506 Motor Vehicles & Equipment $183,317,087 $42,986,254 $27,926, Transp. Equip., Exc. Motor Vehicles $260,961,305 $132,164,614 $86,364,891 1,033 Instruments & Related Products $53,389,079 $22,906,856 $17,411, Miscellaneous Manufacturing $81,157,836 $31,606,528 $21,799, Transportation $892,468,447 $578,084,824 $382,324,668 5,284 Communication $1,185,146,349 $732,531,134 $312,741,058 2,765 Electric, Gas, Water, Sanitary Services $1,769,083,965 $391,038,140 $170,638, Wholesale Trade $822,456,511 $556,299,379 $320,767,177 3,587 Retail Trade $1,953,715,552 $1,618,668,982 $967,912,293 25,372 Finance $2,482,410,573 $784,169,933 $456,624,431 4,059 Insurance $786,878,687 $501,612,781 $299,883,875 3,607 Real Estate $5,041,993,953 $1,473,678,866 $237,441,624 2,107 Hotels, Lodging Places, Amusements $227,836,059 $118,929,234 $78,021,690 1,901 Personal Services $420,982,072 $258,633,665 $201,221,174 3,391 Business Services $2,527,211,537 $1,615,603,459 $1,317,918,438 16,035 Eating & Drinking Places $1,021,684,071 $598,217,044 $318,283,401 14,388 Health Services $1,308,235,455 $897,335,963 $758,705,869 12,531 Miscellaneous Services $870,782,412 $411,234,620 $356,506,156 8,515 Households $32,535,698 $32,535,698 $31,847,242 2,201 Total $29,671,653,345 $13,372,794,734 $7,905,239, ,978 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group NOTE: Adjusted for industrial employment patterns, retirees, unemployment, and labor force participation by The Perryman Group

74 The Annual Impact of Ongoing External Benefits (Spinoff Research Effects and Graduates Employed in the North Central Texas Area) Associated with The University of Texas at Arlington on Business Activity in the North Central Texas Council of Governments (NCTCOG) Region Detailed Industrial Category Total Gross Personal Employment Expenditures Product Income (Permanent Category (2012 Dollars) (2012 Dollars) (2012 Dollars) Jobs) Agricultural Products & Services $188,817,921 $49,381,568 $33,631, Forestry & Fishery Products $1,402,600 $1,240,972 $460,255 6 Coal Mining $31,493,729 $9,037,316 $9,523, Crude Petroleum & Natural Gas $1,214,962,119 $266,274,391 $122,805, Miscellaneous Mining $23,516,845 $10,228,146 $6,012, New Construction $0 $0 $0 0 Maintenance & Repair Construction $558,685,790 $295,917,496 $243,854,448 3,439 Food Products & Tobacco $1,177,956,384 $292,509,617 $149,427,892 2,497 Textile Mill Products $10,362,737 $2,520,120 $2,132, Apparel $156,720,239 $86,793,414 $43,979,549 1,198 Paper & Allied Products $218,120,692 $99,617,239 $45,036, Printing & Publishing $386,206,453 $193,524,778 $126,317,988 2,143 Chemicals & Petroleum Refining $877,232,144 $192,647,322 $90,459, Rubber & Leather Products $195,274,416 $82,070,778 $47,978, Lumber Products & Furniture $130,034,667 $47,300,728 $33,722, Stone, Clay, & Glass Products $146,790,668 $76,832,255 $40,183, Primary Metal $142,769,461 $38,098,344 $28,358, Fabricated Metal Products $287,891,575 $110,642,910 $71,431,205 1,223 Machinery, Except Electrical $261,166,359 $105,892,182 $75,649, Electric & Electronic Equipment $548,492,557 $323,497,494 $193,397,807 1,606 Motor Vehicles & Equipment $191,696,362 $45,115,296 $29,309, Transp. Equip., Exc. Motor Vehicles $278,672,386 $141,373,885 $92,382,824 1,105 Instruments & Related Products $56,195,665 $24,169,001 $18,370, Miscellaneous Manufacturing $82,307,407 $32,053,286 $22,107, Transportation $897,765,115 $581,012,957 $384,261,231 5,311 Communication $1,182,120,863 $730,651,406 $311,938,542 2,758 Electric, Gas, Water, Sanitary Services $1,281,454,376 $282,087,630 $123,095, Wholesale Trade $830,191,978 $561,532,912 $323,784,880 3,621 Retail Trade $1,848,829,728 $1,531,775,399 $915,952,710 24,010 Finance $2,483,006,049 $784,585,857 $456,866,623 4,061 Insurance $786,829,419 $501,583,056 $299,866,104 3,606 Real Estate $5,018,166,588 $1,473,767,597 $237,455,920 2,107 Hotels, Lodging Places, Amusements $226,044,494 $117,969,573 $77,392,120 1,886 Personal Services $392,868,328 $241,566,731 $187,942,822 3,167 Business Services $2,527,549,044 $1,616,062,402 $1,318,292,818 16,040 Eating & Drinking Places $981,352,047 $574,600,129 $305,717,942 13,820 Health Services $1,214,848,054 $832,524,330 $703,907,033 11,626 Miscellaneous Services $789,011,557 $375,601,702 $325,615,384 7,777 Households $22,995,016 $22,995,016 $22,508,440 1,555 Total $27,649,801,832 $12,755,055,236 $7,521,131, ,295 SOURCE: US Multi-Regional Impact Assessment System, The Perryman Group by The Perryman Group