Washington – The digital economy plays a crucial role in job creation, opportunity, and economic growth across the United States. To quantify its impact, the CCIA Research Center analyzed data from the Bureau of Economic Analysis and the U.S. Census Bureau. The research estimated the number of digital economy firms in each state, their employment levels, the digital economy’s contribution to state GDP, and state-level digital exports.
The findings reveal that there are more than 382,800 digital firms active nationwide. These firms employ over 8.4 million people and account for more than 7% of the nation’s GDP.
As technology companies face increasing scrutiny through state and national legislation and litigation, recognizing the significant positive impacts of the digital economy is essential.
The detailed state-by-state map with facts and figures is available on the CCIA Research Center website: https://ccianet.org/research/stats/digital-economy-state-by-state/
Some notable highlights include:
- In California, there are more than 66,000 businesses active in the digital economy. They employ over 1.6 million Californians and account for more than 10% of the state’s GDP.
- In Florida, there are more than 30,000 businesses active in the digital economy. They employ over 425,000 Floridians and account for more than 5% of the state’s GDP.
- In Maryland, there are more than 9,000 businesses active in the digital economy. They employ over 215,000 Marylanders and account for more than 9% of the state’s GDP.
- In New York, there are more than 29,000 businesses active in the digital economy. They employ over 519,000 New Yorkers and account for more than 7% of the state’s GDP.
- In Texas, there are more than 30,000 businesses active in the digital economy. They employ over 633,000 Texans and account for more than 6% of the state’s GDP.
The Computer & Communications Industry Association has advocated for tech policy that advances competition and innovation for over fifty years.
CCIA Chief Economist & Research Center Director Trevor Wagener stated: “State and federal lawmakers are considering a range of policies that would impact the digital economy, a key driver of jobs, exports, and GDP for every state. As they consider policy proposals, they should consider the economic impacts of the digital economy to inform themselves of just how much economic activity in their state would be affected.”
