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Alpharetta, GA (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.
Georgia's high-tech industry fell by 5,200 net jobs, for a tech industry
total of 162,300 in 2004, the most current state data available. The
largest losses occurred in the computer systems design services sector
(-2,600) and the telecommunications services sector (-1,900) in 2004. On the
other side of the equation, engineering services added 1,300 jobs in 2004.
"Technology jobs remain an important peg in Georgia’s economy,” said Mike
Levin, Executive Director, AeA Southeast Council. "These jobs pay
$68,000 on average, or 78 percent more than the average private sector job.
And, with tech exports rising in 2005, Georgia is poised for growth in the
future. We need to maintain our focus on math and science education to
prepare our children for jobs in the 21st century economy."
In 2005, Georgia’s tech exports were up $101 million, or three percent,
totaling $3.3 billion. Tech merchandise exports represented 16 percent
of Georgia’s total exports.
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
Georgia?
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162,300 high-tech workers (11th
ranked cyberstate)
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5,200 jobs lost between 2003 and 2004
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High-tech firms employed 51 of every 1,000
private sector workers in 2004, ranked 20th nationwide
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High-tech workers earned an average wage of
$68,000 (17th ranked), or 78 percent more than Georgia's average private
sector wage
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A high-tech payroll of $11.0 billion in 2004,
ranked 14th nationwide
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11,500 high-tech establishments in 2004, ranked
10th nationwide
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High-tech exports totaled $3.3 billion in 2005,
ranked 15th nationwide
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High-tech exports represented 16 percent of
Georgia’s exports
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Venture capital investments of $256 million in
2005
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R&D expenditures of $3.9 billion in 2003, ranked
20th nationwide
Georgia’s National Industry Sector Rankings:
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5th in telecommunications services
employment with 49,500 jobs
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6th in software publishers employment
with 10,600 jobs
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6th in Internet services employment
with 19,100 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.
Data throughout this press release are rounded.
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
04/19/06.
Copyright © 2006 American Electronics Association. All rights reserved. |
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