D.C.’s Tech Industry Adds 1,100 Jobs
D.C. Is the 4th Ranked Cyberstate by Concentration of Tech Workers

Washington, DC (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.

The District of Columbia's tech industry added 1,100 net jobs – a three percent rise – for a tech industry total of 35,000 tech jobs in 2005, the most recent year state data are available. The District’s largest and fastest growing tech sector is computer systems design and related services which added 2,200 jobs – a 17 percent rise – for a total of 15,600 tech workers.

“The District of Columbia benefits greatly from its proximity to the federal government and its access to thousands of highly skilled and educated workers,” said Gregory Poersch, Executive Director of the AeA Potomac Council. "Our nation’s capital is a strategic location for innovation. It ranks first in the country in research and development expenditures per capita and 4th in concentration of technology workers as a percentage of the private sector workforce.”

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 D.C.?

• 35,000 high-tech workers (36th ranked cyberstate)
   
• 1,100 jobs gained between 2004 and 2005
   
• High-tech firms employed 80 of every 1,000 private sector workers in 2005, ranked 4th nationwide
   
• High-tech workers earned an average wage of $80,100 (8th ranked), or 30 percent more than D.C.'s average private sector wage
   
• A high-tech payroll of $2.8 billion in 2005, ranked 28th nationwide
   
• 1,900 high-tech establishments in 2005, ranked 37th nationwide
   
• Venture capital investments of $117 million in 2006, up 247 percent from $34 million in 2005
   
• R&D expenditures of $2.6 billion in 2004, ranked 27th nationwide

D.C.’s National Industry Sector Rankings:

• 19th in R&D and testing labs employment with 9,800 jobs
   
• 21st in computer systems design and related services employment with 15,600 jobs
   
• 30th in Internet services 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 http://www.aeanet.org.

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