A recent blog post titled, “What’s the Economic Impact of the Information Industry?” by the Bureau of Economic Analysis (BEA) offers some data and links to access additional resources.
From the Blog Post:
The industry now contributes close to $900 billion in value added to the U.S. economy. The information industry’s significance has grown so much that BEA now publishes a separate line for information-communications-technology-producing industries, or ICT industries, in its annual GDP-by-industry statistics.
In the fourth quarter of 2015, the information industry was the largest contributor to the U.S. economy’s 1.4 percent growth. The industry contributed 0.49 percentage point to U.S. GDP.
The information industry was the second-largest contributor to the U.S. economy’s growth last year. It contributed 0.30 percentage point to the U.S. economy’s 2.4 percent increase in GDP in 2015. All four information subsectors also grew.
Read the Complete Blog Post