Contact: Taryn Lynds at 1.202.682.9110, taryn_lynds@aeanet.org or
Mike Levin, 678.352.9469, mike_levin@aeanet.org
Georgia Ranks First in Technology
Employment Growth in 2001
State Technology Exports Increase by 10% in 2001
Alpharetta, GA, June 26, 2002 Georgias high-technology industry
added 3,500 jobs in 2001, with tech employment reaching 174,200 according to Cyberstates
2002: A State-by-State Overview of the High-Technology Industry, a new analytical
report released today by AeA.
Georgia was one of the few states to experience an increase in electronics exports in
2001, jumping 10 percent from $2.3 billion in 2000 to $2.5 billion in 2001. Georgias
high-tech industry exports represented 17 percent of total exports from the state in 2001.
"Georgia ranked first in technology growth in 2001, when compared with other large
Cyberstates with 100,000 tech jobs or more," said Dick Cook, President and CEO of
MAPICS, Inc. a provider of collaborative, extended enterprise applications
headquartered in Alpharetta, past Chair of the AeAs Southeast Council, and Vice
Chair of AeAs National Board of Directors. "Georgia is weathering this
economic slowdown better than most other states. Despite a rough year, we had a net
increase in both high-tech employment and exports."
Nationally, Cyberstates 2002 shows that high-tech industry employment grew
slightly in 2001, reaching 5.6 million, compared to 5.5 million in 2000. This one percent
increase illustrates the effect of the technology slowdown in 2001, compared to nine
percent growth in 2000.
Cyberstates 2002 is the sixth edition of AeAs Cyberstates reports.
The study includes nine chapters detailing national and state trends in employment, wages,
and exports. Venture capital investments, research and development (R&D) expenditures,
and computer and Internet home use are also examined. The report includes state rankings
for each indicator. Cyberstates 2002 is based on the most current U.S. government
data available.
AeA members can purchase the Cyberstates 2002 report for $95; non-members for
$190. Call AeA at 800.284.4232 or 408.987.4200. Cyberstates 2002 is part of
AeAs cyber report series, which includes Cybernation 2.0, CyberEducation 2002,
and Cybercities.
What Does High Tech Mean for Georgia?
- 174,216 high-tech workers (11th ranked cyberstate)
- 59,600 jobs added between 1995 and 2001, ranked 8th nationwide
- Added 3,500 tech in 2001, compared with tech job growth of 14,600 in 2000
- High-tech firms employ 53 of every 1,000 private sector workers, ranked 17th
nationwide
- High-tech workers earned an average wage of $67,100 (12th ranked), or 94%
more than the average private sector wage in 2000
- A high-tech payroll of $11.5 billion in 2000, ranked 11th nationwide
- 7,900 high-tech establishments in 2000, ranked 10th nationwide
- High-tech exports totaled $2.5 billion, ranked 14th nationwide
- High-tech exports represented 17% of Georgias exports
- An increase of $239 million in high-tech exports between 2000 and 2001
- Venture capital investments of $873 million, ranked 10th nationwide
- Venture capital investments declined by 62% between 2000 and 2001, dropping by $1.4
billion
- R&D expenditures of $3 billion in 1999, ranked 20th nationwide
- Home computer penetration reached 53%, ranked 39th nationwide
- Home Internet access totaled 47%, ranked 37th nationwide
Georgias National Industry Segment Rankings:
- 5th in communications services employment with 72,900 jobs
- 6th in data processing and information services employment with 24,500 jobs
- 9th in software services employment with 40,400 jobs
Source: Cyberstates 2002
Data are for 2001 unless otherwise noted.
2000 data are the most current for wages, payroll, establishments, and industry segment
jobs.
Published by the AeA, Advancing the Business of Technology (www.AeAnet.org)
# # #
Advancing the
business of technology, AeA is the nation's largest high-tech trade association. AeA has
more than 3,500 member companies that span the high-technology spectrum, from software,
semiconductors and computers to Internet technology, advanced electronics and
telecommunications systems and services. With 18 regional U.S. councils and offices in
Brussels and Beijing, AeA offers a unique global policy grassroots capability and a wide
portfolio of valuable business services and products for the high-tech industry. AeA has
been the accepted voice of the U.S. technology community since 1943.
This page was last updated on 06/24/02. |