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Software Business Driving US Jobs, GDP Growth ecommercetimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecommercetimes.com Daily Mail and Mail on Sunday newspapers.
May 5, 2021 4:00 AM PT
The software industry fueled jobs and GDP growth in the United States in 2020, according to a report released Tuesday by an international software research organization.
The report by Software.org: the BSA Foundation found the software industry supported more than 15.8 million jobs in 2020, a 5.9 percent jump from 2018; and supported $US1.9 billion in total value-added GDP, a 17.1 percent increase over the previous two-year period.
More than 12.5 million of those jobs were outside the tech sector, added the report, which measures software s impact on the U.S. economy with data and analysis from The Economist Intelligence Unit.
It also noted that the industry directly contributed $933 billion to the U.S. economy in 2020, a 15.1 percent over 2018.
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