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State-by-State Overview of the High-Technology Industry Now Available

  •  04-09-2008, 4:16 PM

    State-by-State Overview of the High-Technology Industry Now Available

     

    AeA (www.aeanet.org) has issued its latest report: “Cyberstates 2008: A Complete State-by-State Overview of the High-Technology Industry.”  The 148 page report provides new 2007 national data on high-tech employment and venture capital investments.  Cyberstates 2008 also includes the latest available state data on employment, wages, establishments, payroll, and research and development expenditures. The report offers an overview of the tech industry in all 50 states, the District of Columbia, and Puerto Rico.

     

    Some highlights from the report:

     

    * U.S. high-tech employment totaled 5.9 million in 2007, up by 91,400, or by 1.6 percent. This is down from the 139,000 jobs added in 2006 and the 87,400 jobs added in 2005.

     

    * Unemployment rates are below two percent across many high-tech occupations in 2007.

     

    * The software services industry added 82,600 jobs in 2007.

     

    * The engineering and tech services industry added 45,800 jobs in 2007.

     

    * The high-tech manufacturing industry shed 29,800 jobs in 2007.

     

    * The communications services industry shed 7,200 jobs in 2007.

     

    * U.S. high-tech venture capital totaled $16.9 billion in 2007, up by six percent.

     

    * California, Texas, New York, Florida, and Virginia led the nation in high tech employment in 2006.

     

    * For the second straight year, Virginia led the nation in concentration of high-tech workers in 2006, with 91 high-tech workers per 1,000 private sector workers. 

     

    To order the Cyberstates 2008 report, call 408-987-4200, or go to this site:      http://www.aeanet.org/Publications/ProductCatalog.cfm?SKU=PP9L08P

     

    Two other AeA cyber reports will be released in the future that analyze the U.S. high-tech industry: “Cybercities 2008: An Overview of the High-Technology Industry in the Nation’s Top 60 Cities,” and “Trade in the Cyberstates 2008: A State-by-State Overview of High-Tech International Trade.”

     


    Mike Keating
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