Michigan's Tech Industry Totals 178,000 Jobs
Michigan is the 10^th Largest Cyberstate by Tech Employment

Oakbrook Terrace, IL (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.

The report found that Michigan's high-tech industry fell by 5,200 net jobs for a total of 178,000 in 2004, the most current state data available.  These high skilled workers made Michigan the 10th largest Cyberstate by tech employment in the nation, with almost a majority of the employment in two sectors: research and development and testing labs; and engineering services.

"Michigan has thousands of highly skilled and talented individuals in the tech industry, helping to keep the Great Lakes State an attractive location for the business of technology,” said Ed Longanecker, Executive Director, AeA Midwest Council.  "Employees in the tech industry earn on average $70,800 per year, which is 75 percent more than that of the average statewide private sector worker.  This adds nearly $13 billion to our state economy in terms of payroll, making tech a vital pillar of our state economy."

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 Michigan?

• 178,000 high-tech workers (10^th ranked Cyberstate)
   

• 5,200 jobs lost between 2003 and 2004
   

• High-tech firms employed 49 of every 1,000 private sector workers in 2004, ranked 21^st nationwide
   

• High-tech workers earned an average wage of $70,800 (15^th ranked), or 75 percent more than Michigan's average private sector wage
   

• A high-tech payroll of $12.6 billion in 2004, ranked 10^th nationwide
   

• 9,300 high-tech establishments in 2004, ranked 14^th nationwide
   

• High-tech exports totaled $1.8 billion in 2005, ranked 26^th nationwide
   

• High-tech exports represented 5 percent of Michigan’s exports
   

• Venture capital investments of $85 million in 2005, down 35 percent
   

• R&D expenditures of $16.9 billion in 2003, ranked 2^nd nationwide

Michigan’s National Industry Sector Rankings:

• 2^nd in R&D and testing labs employment with 45,200 jobs
   

• 5^th in engineering services employment with 40,400 jobs
   

• 8^th in software publishers employment with 7,300 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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