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Clark, NJ
(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.
Pennsylvania's high-tech industry employment fell by 3,500 net jobs, for a
total of 200,300 in 2004, the most current state data available. Like
many states, Pennsylvania suffered large job losses in the
telecommunications services sector (-2,600) and the Internet services sector
(-6,300) between 2003 and 2004. The largest growth area for the
Pennsylvania tech industry was in computer system design and related
services, which added some 5,100 jobs.
The report found that Pennsylvania exported $3 billion in high-tech goods in
2005, accounting for 13 percent of the state’s total exports. Tech
exports were up $120 million, or four percent, from 2004 to 2005.
"As the nation’s eighth largest cyberstate, it is critical that
Pennsylvania prepare itself for an increasingly competitive world,” said
Linda Klose, Executive Director, AeA New Jersey-Pennsylvania Council.
"To retain tech jobs that pay 74 percent more than the average private
sector wage, we need to make sure our workforce and children are focused on
math and science education. Productivity and high skills are what will
help Pennsylvania thrive in the 21st century."
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 Pennsylvania?
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200,300
high-tech workers (8th ranked Cyberstate)
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3,500 jobs
lost between 2003 and 2004
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High-tech
firms employed 42 of every 1,000 private sector workers in 2004, ranked 28th
nationwide
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High-tech
workers earned an average wage of $66,400 (21st ranked), or 74 percent more
than Pennsylvania's average private sector wage
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A high-tech
payroll of $13.3 billion in 2004, ranked 9th nationwide
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12,300
high-tech establishments in 2004, ranked 8th nationwide
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High-tech
exports totaled $3 billion in 2005, ranked 17th nationwide
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High-tech
exports represented 13 percent of Pennsylvania’s exports
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Venture
capital investments of $470 million in 2005, down 16 percent from $561
million in 2004
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R&D
expenditures of $9.9 billion in 2003, ranked 10th nationwide
Pennsylvania’s National Industry Sector Rankings:
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4th
in consumer electronics manufacturing employment with 2,300 jobs
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5th
in electronic components manufacturing employment with 11,200 jobs
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6th
in measuring and control instruments manufacturing employment with 10,100
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
04/18/06.
Copyright © 2006 American Electronics Association. All rights reserved. |