Press Release
Washington, DC (April 28, 2010) - TechAmerica Foundation today released its 13th annual Cyberstates report detailing national and state trends in high-tech employment, wages, and other key economic factors. The report, Cyberstates 2010:The Definitive State-by-State Analysis of the High-Technology Industry, covers all 50 states, the District of Columbia, and Puerto Rico.
Nationally, the high-tech industry lost 245,600 jobs in 2009, for a total of 5.9 million workers. This recession-induced, four percent decline in tech employment is slightly lower than the five percent decline experienced by the private sector as a whole and follows four years of steady growth in tech industry employment.
Indiana's high-tech industry added 1,200 net jobs in 2008, the most current year for which state data are available. This two percent gain in the midst of recession compared with an overall two percent loss in the state's private sector workforce in 2008.
Indiana remained the 23rd largest cyberstate employing 73,700 with a total payroll of $4.5 billion. The largest employment gains came from the computer systems design and related services sector (+900 jobs) and the engineering services sector (+500 jobs). Indiana's high-tech workers earned an average of $61,700 in 2008, or 61 percent more than the average private sector worker.
"While Indiana's tech industry was not immune to the recession that heated up in 2008, the state actually added tech jobs for the year while the private sector was shedding jobs," said Dr. Donald E. Brown, President and CEO of Interactive Intelligence which has its corporate headquarters in Indianapolis. "This points to the sector's resiliency. More recent 2009 national data show the tech industry shed jobs. An important area of focus for future job growth is for state and local officials to promote technology as a means to economic recovery for Indiana."
Two other major TechAmerica Foundation cyber reports that analyze the U.S. high-tech industry: Cybercities 2010: An Overview of the High-Technology Industry in the Nation's Top 60 Cities, and Trade in the Cyberstates 2010: A State-by-State Overview of High-Tech International Trade, are forthcoming.
TechAmerica Foundation would like to thank Grant Thornton for the generous underwriting of this report. Cyberstates 2010 may be purchased for $150. The quarterly supplement may be freely downloaded. Both reports may be accessed at: www.techamericafoundation.org/cyberstates.
What Does High Tech Mean for Indiana?
73,700 high-tech workers in 2008 (23rd ranked cyberstate)
1,200 jobs added between 2007 and 2008
High-tech firms employed 30 of every 1,000 private sector workers in 2008, ranked 45th nationwide
High-tech workers earned an average wage of $61,700 (39th ranked), or 61 percent more than Indiana's average private sector wage
A high-tech payroll of $4.5 billion in 2008, ranked 24th nationwide
5,900 high-tech establishments in 2008, ranked 20th nationwide
Indiana's National Industry Sector Rankings:
4th in consumer electronics manufacturing employment with 1,000 jobs
7th in photonics manufacturing employment with 1,200 jobs
10th in communications equipment manufacturing employment with 4,100 jobs
Source: Cyberstates 2010
Data are for 2008 unless otherwise noted.
2008 state data are the most current available for employment, wages, payroll, establishments, and industry sector jobs.
Published by TechAmerica Foundation
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About TechAmerica Foundation
TechAmerica Foundation educates industry executives, policymakers, and opinion leaders on the promise of technological innovation to advance prosperity, security, and the general welfare. Launched in 1981, the foundation is a 501(c)(3) non-profit, non-partisan affiliate of TechAmerica, the leading voice and resource for the U.S. technology industry. It disseminates award-winning industry, policy and market research covering topics such as U.S. competitiveness in a global economy, innovation in government, and other areas of national interest. The foundation also organizes conferences and seminars to explore pertinent issues with government and industry representatives and to share the foundation's findings.
Source: TechAmerica Foundation