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Scottsdale, AZ (April
19, 2006) – AeA, the nation’s largest trade association representing all
segments of the high-tech industry, today released its ninth annual
Cyberstates report detailing national and state trends in high-tech
employment, wages, exports, and other key economic factors. The
report, Cyberstates 2006: A Complete State-by-State Overview of the
High-Technology Industry, covers all 50 states, the District of Columbia,
and Puerto Rico.
Arizona's high-tech industry added 1,300 net jobs to its economy, totaling
110,800 in 2004, the most current state data available. These jobs
also are high paying, with the average tech worker earning $66,100 in 2004
or 83 percent more than the average private sector wage.
Arizona remains a critical location for the semiconductor industry with
22,500 jobs in this industry in 2004, making it the 4th ranked state
nationwide in this industry. Semiconductors also help to make Arizona
the 6th ranked state by high-tech exports. Arizona exported $7 billion
in high-tech goods in 2005, accounting for nearly half of all exports from
the state.
"The upswing in technology jobs and the surge in venture capital investments
in Arizona confirm that Arizona's economy is strong,” said Cory Miller,
Executive Director, AeA Arizona Council. "Venture capital jumped in
Arizona by 81 percent, to $148 million. Arizona remains an attractive
location for technology companies to innovate."
Nationally, Cyberstates 2006 shows that the high-tech industry is
edging forward. High-tech employment added 61,100 net jobs for a total
of 5.6 million workers in 2005, the first increase in tech jobs in four
years. U.S. high-tech exports were also up by four percent for a
total of $199 billion in 2005.
The ninth annual edition of Cyberstates provides a comprehensive
review of the high-tech industry nationally and state-by-state by high-tech
employment, wages, payroll, establishments, and trade. Cyberstates
also offers data on venture capital investments and R&D expenditures.
AeA members can purchase the report for $95; non-members for $190.
Please visit
www.aeanet.org/cyberstates to download the report, or call 408.987.4200.
What Does High Tech Mean for Arizona?
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110,800 high-tech workers
(18th ranked cyberstate)
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1,300 jobs gained between 2003
and 2004
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High-tech firms employed 56 of
every 1,000 private sector workers in 2004, ranked 16th
nationwide
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High-tech workers earned an
average wage of $66,100 (22nd ranked), or 83 percent more than
Arizona's average private sector wage
-
A high-tech payroll of
$7.3 billion in 2004, ranked 18th nationwide
-
5,800 high-tech establishments
in 2004, ranked 18th nationwide
-
High-tech exports totaled $7.0
billion in 2005 (6th ranked nationwide), up 11 percent
-
High-tech exports represented 47
percent of Arizona’s exports
-
Venture capital investments of
$148 million in 2005, up 81 percent from $82 million in 2004
-
R&D expenditures of $3.6
billion in 2003, ranked 22nd nationwide
Arizona’s National Industry
Sector Rankings:
-
4th in
semiconductor manufacturing employment with 22,500 jobs
-
4th in defense
electronics manufacturing employment with 8,800 jobs
-
17th in engineering
services employment with 15,200 jobs
Source: Cyberstates 2006
Data are for 2004 unless otherwise noted.
2004 data are the most current for state employment, wages, payroll,
establishments, and industry sector jobs.
Published by AeA, Advancing the Business of Technology (www.aeanet.org) - # # # - About AeA
AeA, founded in 1943, is a nationwide trade association that represents
all segments of the technology industry and 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 www.aeanet.org.
This page was last updated on
04/24/06.
Copyright © 2006 American Electronics Association. All rights reserved. |