|
Washington, DC (June 24, 2008) – AeA, the
nation’s largest technology trade association representing all segments of
the high-tech industry, today released Cybercities 2008: An Overview of
the High-Technology Industry in the Nation's Top 60 Cities. This
detailed report tracks trends in high-tech employment, wages,
establishments, payroll, employment concentration, and wage differential at
the metropolitan level.
The high-tech industry in Baltimore employed 71,200 people in 2006,
according to the most current metropolitan data available, representing an
increase of 1,500 jobs over the previous year. These jobs represent 7
percent of the private sector workforce in Baltimore, and pay well with
wages that were 78 percent higher then the rest of private sector wages.
Baltimore’s largest high-tech sector was computer systems design and related
services, which employed 20,800 workers in 2006. Baltimore also had the
nations 5th largest workforce in measuring and control instruments
manufacturing, employing 8,700 workers.
“Baltimore’s high-tech industry has now seen three consecutive years of job
growth,” said Thomas M. Brandt, Jr., Senior Vice President and CFO,
TeleCommunication Systems, Inc. “This is in part due to the fact that we
benefit from world class universities in the area and have successfully
migrated from a manufacturing centered city to services, many of which are
science and technology based. But in order for us to continue this crucial
growth, we must encourage students to continue pursuing science and
engineering, and make it attractive for graduates to stay in our local
economy and community."
Cybercities 2008 shows that the top five
cybercities by high-tech employment in 2006 were the New York Metro Area,
Washington, DC, San Jose/Silicon Valley, Boston, and Dallas-Fort Worth. The
nation’s highest tech industry concentration was in San Jose/Silicon Valley,
where more than one in four private sector workers were employed by the tech
industry. Seattle saw the largest tech industry employment growth, adding
7,800 jobs in 2006.
Later this summer, AeA will release Trade in
the Cyberstates 2008: A State-by-State Overview of High-Tech International
Trade. That report will look at the most recent data on high-tech
exports from all 50 states, the District of Columbia, and Puerto Rico.
AeA members can purchase Cybercities 2008
for $125; non-members for $250. Visit
www.aeanet.org/cybercities
to download the report, or call 408.987.4200.
What Does High Tech Mean for Baltimore?
171,200 high-tech workers in 2006 (22nd ranked cybercity)
1,500 jobs gained between 2005 and 2006 (24th ranked cybercity)
High-tech firms employed 69 of every 1,000 private sector workers in 2006
(23rd ranked cybercity)
High-tech workers earned an average wage of $79,100 (24th ranked), or 78
percent more than Baltimore’s average private sector wage
A high-tech payroll of $5.6 billion in 2006 (22nd ranked cybercity)
3,300 high-tech establishments in 2006, (21st ranked cybercity)
Baltimore’s National Industry Sector Rankings:
-
10th in R&D and testing labs employment with
13,400 jobs
-
12th in engineering services employment with
15,500 jobs
-
14th in computer systems design and related
services employment with 20,800 jobs
Notes:
Baltimore = Maryland Counties: Anne Arundel, Baltimore, Carroll, Harford,
Howard, and Queen Anne’s.
Data are for 2006 unless otherwise noted.
2006 data are the most current available for employment, wages, payroll,
establishments, and industry sector jobs.
Source: Cybercities 2008
Published by AeA, Advancing the Business of Technology (www.aeanet.org)
- # # # -
About AeA
AeA, the nation’s largest technology trade association, representing all
segments of the high-tech industry, is dedicated solely to helping our
members’ top line and bottom line. We do this in partnership with our small,
medium, and large member companies by lobbying governments at the state,
federal, and international levels, providing access to capital and business
opportunities, and offering select business services and networking
programs. For more information, please visit
http://www.aeanet.org.
This page was last updated on
06/19/08.
Copyright © 2008 American Electronics Association. All rights reserved. |