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Indiana Adds 317 High-Tech Establishments in 2001 State ranks 21st Nationally Rolling Meadows, IL, June 26, 2002 —Indiana saw increases in the number of high-tech establishments, total payroll, and high-tech wages despite losing 1,900 jobs in 2001, according to Cyberstates 2002: A State-by-State Overview of the High-Technology Industry, a new analytical report released today by AeA.Cyberstates 2002 shows that Indiana ranks 4th in consumer electronics manufacturing employment, and 10th in electronic components and accessories manufacturing. Cyberstates 2002 also shows venture capital investments in Indiana dropped from $310 million to $53 million between 2000 and 2001. Electronics exports from Indiana declined slightly in 2001, falling just one percent to $1.7 billion. Indiana’s high-tech industry exports represented 12 percent of total exports from the state in 2001. 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 AeA’s 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 AeA’s cyber report series, which includes Cybernation 2.0, CyberEducation 2002, and Cybercities. What Does High Tech Mean for Indiana?
Indiana’s National Industry Segment Rankings:
Source: Cyberstates 2002 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. |
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