Report shows Johns Hopkins’ key role in Maryland’s economy

Key takeaways

Johns Hopkins generates $40 billion in annual economic impact statewide.

The institutions support about 149,000 Maryland jobs each year.

Research activity adds $10 billion and fuels 130 startups since 2015.

HopkinsLocal invests over $1 billion with local and minority-owned firms.

According to a recent report, the Johns Hopkins University and Johns Hopkins Health System generate about $40 billion in economic impact across Maryland.

The report, titled “Quantifying the Economic Footprint and Catalytic Role of Johns Hopkins University and Johns Hopkins Health System,” by Philadelphia-based Econsult Solutions Inc. was released on October 10. The report measures job creation, economic impact, research activity, community investments and the potential challenges that li