TechAmerica Foundation : Texas 2nd Fastest Growing Tech State in the Nation


Texas 2nd Fastest Growing Tech State in the Nation

Texas Adds 10,000 Tech Workers in 2012

Washington, DC The TechAmerica Foundation today released the 15th edition of Cyberstates, the only comprehensive look at  tech employment, wages, and other key economic factors nationally and state-by-state.  Cyberstates 2013: The Definitive State-by-State Analysis of the U.S. Tech Industry covers all 50 states, the District of Columbia, and Puerto Rico.

Texas’s tech industry added 10,000 net jobs between 2011 and 2012, for a total of 485,600 jobs.  This employment growth was led by such industry sectors as computer systems design (+7,100) and engineering services (+2,100).

“I’m proud to see Texas performing so well in the tech job sector.  Texas universities continue to advance the frontiers of new technology.  Combined with our state’s common-sense approach to job creation, it is no surprise that Texas is one of the best places to start and expand a business,” said Sen. Cornyn.

Texas continues to be a leading Cyberstate by most tech industry metrics, including employment, payroll, and establishments.

Nationally, the U.S. tech industry added 67,400 net jobs in 2012, for a total of 5.95 million workers, growing at 1.1 percent, and representing 5.4 percent of the entire private sector workforce.  Overall, the average U.S. tech wage was $93,800 compared to $47,700 for the average private sector worker.

Cyberstates 2013 relies on data from the U.S. Bureau of Labor Statistics. The report provides 2012 national and state-by-state data on tech employment, wages, establishments, payroll, wage differential, and employment concentration. All data are the most recent available at the time of production.  2012 data are derived from the first and second quarters of 2012.

 What Does Tech Mean for Texas?

  •  485,600 tech workers in 2012 (2nd ranked cyberstate)
  • 10,000 net jobs added between 2011 and 2012, ranked 2nd nationwide
  • Tech firms employed 5.5 percent of private sector workers in 2012, ranked 17th nationwide
  • Tech workers earned an average wage of $92,200 (12th ranked), 85 percent more than Texas’s average private sector wage
  • A tech payroll of $44.8 billion in 2012, ranked 2nd nationwide
  • 29,400 tech establishments in 2012, ranked 2nd nationwide

Texas’s National Industry Sector Rankings:

  •  2nd in Internet and telecommunication services employment with 118,700 jobs
  • 2nd in engineering services employment with 97,500 jobs
  • 2nd in semiconductor manufacturing employment with 29,000 jobs
  • 3rd in computer systems design and related services employment with 117,000 jobs

Data are for 2012 unless otherwise noted.

Published by TechAmerica Foundation. Copies of Cyberstates can be obtained at www.techamericafoundation.org/cyberstates