`

Cyberstates report gives Indiana mixed marks

April 2, 2008
When it comes to a high-tech economy, Indiana ranks 23rd among U.S. states, Washington, D.C., and Puerto Rico, according to an influential annual report released today.

Indiana added 1,700 net high-tech jobs in 2006, the most recent year for which comparative data was available, according to "Cyberstates 2008: A Complete State-by-State Overview of the High-Technology Industry."

Indiana's 70,200 total high-tech jobs had an annual payroll of $4 billion.

Even though Indiana's annual venture-capital investments rose 17 percent, from $70 million to $83 million, the state was in the bottom half of the nation for that measure, ranking 29th.

The state also scored poorly for high-tech wages. At an average of $57,600, Indiana ranked 39th in high-tech pay. And Indiana's concentration of high-tech workers was only 28 of every 1,000, or 47th in the nation.

Other rankings include:

-20th in high-tech establishments, 5,400
-18th in research-and-development expenditures, $5.1 billion
-Sixth in photonics manufacturing jobs, 1,200
-11th in communications-equipment manufacturing jobs, 4,200
-14th in defense-electronics manufacturing jobs, 1,900

Indiana was part of a national growth trend. The country added 91,400 high-tech jobs to reach a total of 5.9 million at the end of 2006, the report said. The pace was a bit slower than in 2005, when the United States added 139,000 high-tech jobs.

California led the nation for total high-tech employment, with 940,700 jobs; followed by Texas with 459,500; New York with 300,500; Florida with 282,100 and Virginia with 270,800. But Virginia had the highest concentration of high-tech workers, with 91 per 1,000 in the private sector. Massachusetts was second by that measure, with 87 high-tech workers per 1,000.

The report can be seen at www.aeanet.org/cyberstates.

Source: XMLFULL/XMLFull13255.xml
ADVERTISEMENT

Recent Articles by Peter Schnitzler

Comments powered by Disqus