Texas Public Libraries: Economic Benefits and Return on Investment (2012)

This study was conducted by the Bureau of Business Research, IC2 Institute, at the University of Texas at Austin in 2012.

This study was funded with Library Services and Technology Act funds administered by the Texas State Library and Archives Commission through a grant from the Institute of Museum and Library Services.

Snippet:

Public libraries in the State of Texas provide significant economic benefits for their communities. This report examines these economic benefits, and documents those activities which contribute to economic activities throughout all regions of Texas. In 2011 Texas public libraries collectively were found to provide $2.407 billion in benefits while costing less than $0.545 billion, a return on investment of $4.42 for each dollar invested.

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