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North Carolina Adds 2,200 Tech Jobs in 2001 State Moves Up from 14th to 13th Largest High-Tech State in U.S. by Employment Washington, DC, June 26, 2002 —North Carolina's high-technology industry grew by two percent or 2,200 jobs, with tech employment reaching 141,500 in 2001, according to Cyberstates 2002: A State-by-State Overview of the High-Technology Industry, a new analytical report released today by AeA.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. "Despite the slower growth rate, the technology industry still plays an important role in North Carolina's economy, employing 141,500 people and is the 13th largest high-tech state by employment," said Mike Levin, Executive Director of AeA’s Southeast Council. "North Carolina's tech industry weathered some tough times during the technology slowdown in 2001. However, our companies are now stronger and leaner, and ready to grow as the economy pulls forwards," he concluded. At the same time, Cyberstates 2002 also shows that venture capital investments in North Carolina plummeted by 66 percent, dropping from $1.8 billion to $616 million between 2000 and 2001. Electronics exports from North Carolina also declined in 2001, falling 12 percent to $4 billion from $4.6 billion in 2000. North Carolina’s high-tech exports represented 24 percent of total exports from the state in 2001. 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 North Carolina?
North Carolina’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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