New Hampshire Tech Industry Totals 37,500 Jobs
New Hampshire Tech Wages Are 79 More than the Average Private Sector Wage

Woburn, MA (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.

New Hampshire's high-tech industry totaled 37,500 jobs in 2005, the most current state data available. New Hampshire’s tech job growth was flat in 2005, adding just 29 net jobs. New Hampshire saw its largest growth in computer design and related services (+600 jobs), measuring and control instruments manufacturing (+300 jobs), and photonics manufacturing (+200 jobs). In fact, New Hampshire ranks 5th nationwide in photonics manufacturing, with 1,200 total workers.

"Despite the flat growth rate for 2005, New Hampshire’ tech industry remains a vital component of the Granite State’s overall economy,” said Anne Doherty Johnson, Executive Director, AeA New England Council. "Many tech sectors – in both manufacturing and services – are growing. And the tech industry in New Hampshire pays its workers on average 79 percent more than the state’s average annual private sector wage. To keep these jobs in state, we need to push our leaders in Montpelier and in our local communities to improve the math and science curricula in our elementary and high schools to prepare our kids for these high paying technology jobs.”

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 New Hampshire?

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

• 29 jobs added between 2004 and 2005
   

• High-tech firms employed 70 of every 1,000 private sector workers in 2005, ranked 9th nationwide
   

• High-tech workers earned an average wage of $73,300 (14th ranked), or 79 percent more than New Hampshire's average private sector wage
   

• A high-tech payroll of $2.7 billion in 2005, ranked 29th nationwide
   

• 2,700 high-tech establishments in 2005, ranked 32nd nationwide
   

• Venture capital investments of $65.7 million in 2006, ranked 25th nationwide
   

• R&D expenditures of $1.7 billion in 2004, ranked 30th nationwide

New Hampshire’s National Industry Sector Rankings:

• 5th in photonics manufacturing employment with 1,200 jobs
   

• 10th in measuring and control instruments manufacturing employment with 7,900 jobs
   

• 12th in electronic components manufacturing employment with 5,900 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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