Arizona Gains 800 Tech Jobs, Totaling 111,600
Arizona is the 4^th Largest Cyberstate by Semiconductor Employment

Scottsdale, AZ (April 24, 2007) – AeA, the nation’s largest technology trade association with 2,500 member companies representing all segments of the high-tech industry, today released its 10th anniversary Cyberstates report detailing national and state trends in high-tech employment, wages, and other key economic factors. The report, Cyberstates 2007: 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 800 net jobs to its economy, totaling 111,600 in 2005, the most current state data available. These jobs also are high paying, with the average tech worker earning $67,600 in 2005 or 85 percent more than the average private sector wage.

Arizona remains a critical location for the semiconductor industry with 22,700 jobs in this industry in 2005, making it the 4th ranked state nationwide in this industry. High-tech services sectors also contributed to the net gain in jobs, led by engineering services which added 1,700 jobs and computer systems design and related services which added 1,300 jobs.

“The jump in venture capital in Arizona by 58 percent to $252 million combined with net high-tech job growth for the second year in a row sends a clear signal – Arizona’s economy is booming and ripe for high-tech innovation and investment,” said Bill Hinz, CEO of BioCair and former President of Allied Signal Aerospace. “We are steadily increasing our national presence in sectors like defense electronics and semiconductor manufacturing as the technology industry expands.”

Nationally, Cyberstates 2007 shows that the high-tech industry is picking up. High-tech employment was up by 146,600 out of 5.8 million workers in 2006, the second year in a row that the U.S. tech industry has added jobs.

This 10th edition of Cyberstates provides a comprehensive review of the high-tech industry nationally and state-by-state in terms of high-tech employment, wages, payroll, and establishments. Cyberstates also offers data on venture capital investments and R&D expenditures.

A national and state-by-state analysis of the technology industry and international trade will appear in a forthcoming AeA report entitled Trade in the Cyberstates 2007: A State-by-State Overview of High-Tech International Trade.

AeA members can purchase Cyberstates 2007 for $125; non-members for $250. Visit www.aeanet.org/cyberstates to download the report, or call 408.987.4200.

What Does High Tech Mean for Arizona?

• 111,600 high-tech workers (18th ranked cyberstate)
   

•  800 jobs gained between 2004 and 2005
   

• High-tech firms employed 53 of every 1,000 private sector workers in 2005, ranked 17th nationwide
   

• High-tech workers earned an average wage of $67,600 (23rd ranked), or 85 percent more than Arizona's average private sector wage
   

• A high-tech payroll of $7.5 billion in 2005, ranked 18th nationwide
   

• 5,900 high-tech establishments in 2005, ranked 18th nationwide
   

• Venture capital investments of $252 million in 2006, up 59 percent from $159 million in 2005
   

• R&D expenditures of $3.8 billion in 2004, ranked 21st nationwide

Arizona’s National Industry Sector Rankings:

• 4th in semiconductor manufacturing employment with 22,700 jobs
   

• 4th in defense electronics manufacturing employment with 9,300 jobs
   

• 15th in computer and peripheral equipment manufacturing employment with 2,700 jobs

Source: Cyberstates 2007

Data are for 2005 unless otherwise noted.

2005 state data are the most current available for employment, wages, payroll, establishments, and industry sector jobs.

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

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About AeA

AeA, the nation’s largest technology trade association with 2,500 member companies 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 www.aeanet.org.  

This page was last updated on 04/23/07.    
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