U.S. markets closed
  • S&P Futures

    3,286.00
    +22.50 (+0.69%)
     
  • Dow Futures

    26,597.00
    +188.00 (+0.71%)
     
  • Nasdaq Futures

    11,201.00
    +68.25 (+0.61%)
     
  • Russell 2000 Futures

    1,548.60
    +9.40 (+0.61%)
     
  • Crude Oil

    37.59
    +0.20 (+0.53%)
     
  • Gold

    1,880.10
    +0.90 (+0.05%)
     
  • Silver

    23.50
    +0.14 (+0.60%)
     
  • EUR/USD

    1.1754
    +0.0004 (+0.04%)
     
  • 10-Yr Bond

    0.7810
    +0.0030 (+0.39%)
     
  • Vix

    40.28
    +6.93 (+20.78%)
     
  • GBP/USD

    1.2993
    +0.0006 (+0.05%)
     
  • USD/JPY

    104.2940
    -0.0070 (-0.01%)
     
  • BTC-USD

    13,297.51
    +39.83 (+0.30%)
     
  • CMC Crypto 200

    262.72
    -9.97 (-3.66%)
     
  • FTSE 100

    5,582.80
    -146.19 (-2.55%)
     
  • Nikkei 225

    23,418.51
    0.00 (0.00%)
     

Northeast Delta Human Services Authority Brings Significant Economic Impact to Region

·2 mins read

A 2020 study by the University of Louisiana Monroe revealed that Northeast Delta Human Services Authority (NEDHSA) has an economic contribution totaling over $21.2 million for a single-year and could contribute over $191.9 million in 10 years to Northeast Louisiana.

MONROE, La., Sept. 25, 2020 /PRNewswire-PRWeb/ -- A 2020 study by the University of Louisiana Monroe revealed that Northeast Delta Human Services Authority (NEDHSA) has an economic contribution totaling over $21.2 million for a single-year and could contribute over $191.9 million in 10 years to Northeast Louisiana.

The study analyzed NEDHSA's contributions to local, regional and statewide economies through its expenditures on personnel wages, network of partnerships, sponsored programs and services, and clinical operations, all of which benefit Northeast Louisiana through direct, indirect and induced impacts. This study estimated that there would be a highly significant reduction in the level of economic activity in Northeast Louisiana in the absence of NEDHSA.

"The tangible economic value we bring to our region is significant, and we are proud to be part of this region's economic engine," said Dr. Monteic A. Sizer, the executive director of NEDHSA. "The intangible services we provide for our clients in mental health, developmental disabilities, preventions and addictive disorders are the cornerstone of what we do – help people live their best lives."

Using an integrated care model, NEDHSA provides these services in 12 parishes in Northeast Louisiana. Through its own hiring, employment by suppliers, and spending by employees and others, the agency results in 182 additional full-time equivalent jobs in this region. The jobs created by NEDHSA, both directly and indirectly, result in local and state single-year sales tax and state income tax revenues totaling over $869,000 and over $7.8 million in 10-years.

The report is limited in its scope. It evaluated the impacts on employment, income and taxes that resulted from NEDHSA operations, not on the broader indirect socioeconomic impact reductions [potentially in the tens of millions of dollars] the agency offers through its many services.

"We play a pivotal role in the future success of our region," Sizer said. "Our agency is a difference-maker both in the huge economic impact we make, but also in the people's lives we touch."

The full report is available in the "Outcomes & Reports" section at http://www.nedeltahsa.org.

SOURCE Northeast Delta Human Services Authority