New Hampshire's Tech Industry Jobs Rise
New Hampshire Ranked 1^st by Job Growth Rate, Rising 6.8 Percent in 2004

Woburn, MA (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.

New Hampshire's high-tech industry added a net 2,400 jobs, for a total of 37,500 in 2004, the most current state data available.  This remarkable growth was a 6.8 percent increase, the highest percent increase in the entire nation.  This growth was attributable to increases across multiple tech sectors.

New Hampshire exported a total of $1.2 billion in high-tech goods during 2005, representing nearly half of all exports from the Granite State.

"The growth of high-tech exports and job gains in New Hampshire are a sign that our tech economy is doing well,” said Robert A. Livingston, President and CEO, Dover Electronics, Nashua, NH.  "High-tech exports have grown by 40 percent over the past five years. These exports support tech jobs that pay on average 80 percent more than the average private sector job.  And, with tech representing over 7 percent of employment and half of all exports, the tech industry is integral to New Hampshire's economy.  We need to promote this industry and these jobs by embracing trade and supporting math and science education."

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.

This 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 New Hampshire?

• 37,500 high-tech workers (34^th ranked cyberstate)
   

• 2,400 jobs gained between 2003 and 2004
   

• High-tech firms employed 71 of every 1,000 private sector workers in 2004, ranked 9^th nationwide
   

• High-tech workers earned an average wage of $71,200 (14^th ranked), or 80 percent more than New Hampshire's average private sector wage
   

• A high-tech payroll of $2.7 billion in 2004, ranked 28^th nationwide
   

• 2,600 high-tech establishments in 2004, ranked 32^nd nationwide
   

• High-tech exports totaled $1.2 billion in 2005, ranked 31^st nationwide
   

• High-tech exports represented 48 percent of New Hampshire’s exports
   

• Venture capital investments of $114 million in 2005, down 27 percent
   

• R&D expenditures of $1.7 billion in 2003, ranked 30^th nationwide

New Hampshire’s National Industry Sector Rankings:

• 12^th in measuring and control instruments manufacturing employment with 7,600 jobs
   

• 12^th in electronic components manufacturing employment with 6,000 jobs
   

• 21^st in software publishers employment with 2,900 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 segment jobs.

Published by AeA, Advancing the Business of Technology (www.aeanet.org)

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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 04/18/06.             
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