america's advanced industries

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  • A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

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    A D V A N C E D

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    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

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    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    W H A T W H E R E

    W H Y

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    B R O O K I N G S A D V A N C E D

    I N D U S T R I E S P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

  • 200,000

    400,000

    600,000

    -600,000

    -400,000

    -200,000

    -800,000

    0

    Monthly Job Growth Since 2008

  • Average Wage Growth Since 1975

    20102005200019951990198519801975

    $20,000

    $40,000

    $60,000

    $80,000

    $100,000

    Aver

    age

    Wag

    e

  • Advanced IndustriesW H A T W H E R E W H Y

  • Advanced IndustriesW H A T W H E R E W H Y

  • R&D-intensive industries that concentrate the nations science, technology, engineering, and mathematics (STEM) workforce

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    A M E R I C A SA D VA N C E D

    I N D U S T R I E SW H AT T H E Y A R E , W H E R E T H E Y A R E ,

    A N D W H Y T H E Y M AT T E R

    W H A T

    W H E R E

    W H Y

    B R O O K I N G S

    A D V A N C E D

    I N D U S T R I E S

    P R O J E C T

    Advanced Industries

  • Pharmaceuticals

    Medical EquipmentMotor Vehicles & Parts

    Aerospace

    Manufacturing35

    Software Computer Systems Design

    Telecommunications R&D Consulting Services

    Services12

    Oil & Gas !Extraction

    Electricity !Generation

    Energy3

    Advanced Industries

  • Advanced Industries

    60.0%

    8.7%

    90.0%81.2%

    17.7%

    80.0%

    U.S. GDP

    ExportsU.S. Workers

    Private Sector R&D

    PatentsEngineers / Architects

    Concentrate the Assets of the Innovative Economy

  • 20102005200019951990198519801975

    $20,000

    $40,000

    $60,000

    $80,000

    $100,000

    Aver

    age

    Wag

    eAdvanced Industries

    Advanced Industries

    United States

    Provide Steady Wage Growth, at 5 Times the Rate of Other Industries

  • $160

    $120

    $80

    $40

    $0

    Aver

    age

    Wag

    e (th

    ousa

    nds)

    Associates!Degree

    Some!College

    Secondary!Diploma

    No Secondary!Diploma

    $153

    $117

    $130

    $89

    $115

    $69

    $89

    $56 $60

    $38

    $54

    $32 $

    44$2

    8 $33

    $20

    Advanced IndustriesOffer a Significant Wage Premium at Every Level of Education

    Doctoral!Degree

    Professional!Degree

    Masters!Degree

    Bachelors!Degree

  • $160

    $120

    $80

    $40

    $0

    Aver

    age

    Wag

    e (th

    ousa

    nds)

    Associates!Degree

    Some!College

    Secondary!Diploma

    No Secondary!Diploma

    $153

    $117

    $130

    $89

    $115

    $69

    $89

    $56 $60

    $38

    $54

    $32 $

    44$2

    8 $33

    $20

    Advanced IndustriesOffer a Significant Wage Premium at Every Level of Education

    Doctoral!Degree

    Professional!Degree

    Masters!Degree

    Bachelors!Degree

    50 percent!of advanced industry jobs !

    require less than a bachelors degree

  • Drive Productivity in Other Industries

    Stimulate Local Economies

    Support Long!Supply Chains

    Develop Technology that Transforms Lives

    Advanced Industries

  • Drive Productivity in Other Industries

    Stimulate Local Economies

    Support Long!Supply Chains

    Develop Technology that Transforms Lives

    Advanced Industries

    39 million!total jobs supported by

    advanced industries

  • Advanced IndustriesW H A T W H E R E W H Y

  • Advanced Industries

    Share of Total Metro Employment

    in Advanced Industries

    2.0 to 5.8 percent

    5.8 to 8.3 percent

    8.3 to 11.3 percent

    11.3 to 16.0 percent

    16.0 to 29.9 percent

    Are Highly Metropolitan and Vary Across Regions

  • Advanced IndustriesAre Highly Metropolitan and Vary Across Regions

    Boise City, ID

    Palm Bay, FL

    Wichita, KS

    Manufacturing Specialization

  • Advanced IndustriesAre Highly Metropolitan and Vary Across Regions

    Houston, TX

    Birmingham, ALSalt Lake City, UT

    Energy Specialization

  • Advanced IndustriesAre Highly Metropolitan and Vary Across Regions

    Denver, CO

    Washington, DC

    Boston, MA

    Service Specialization

  • Advanced IndustriesAre Highly Metropolitan and Vary Across Regions

    San Jose, CAAustin, TX

    Detroit, MI

    Balanced Metros

  • Advanced IndustriesAre Highly Metropolitan and Vary Across Regions

    Ships and Boats

    Management Consulting

    Computer Systems Design

    Architecture and Engineering

    Research and Development Services

    Top industries by employment

    $96,740average pay, advanced industries

    $53,030average pay, all industries

    442,930Advanced Industry

    Jobs

    11.2%AI share of total

    employment

    Virginia Advanced Industry

    Dashboard

  • W H A T W H E R E W H Y

    Advanced Industries

  • Advanced IndustriesInnovation Skills Ecosystems

  • Advanced IndustriesInnovation Skills Ecosystems

    Total Spending on Research and Development 2010-2012 average as share of GDP

    0

    Korea Israe

    lFin

    land

    Swed

    enJa

    pan

    Chine

    se Ta

    ipei

    Denm

    arkGe

    rman

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    itzerla

    ndAu

    stria

    Unite

    d Stat

    esSlo

    venia

    Icelan

    dFra

    nce

    Belgiu

    mAu

    stralia

    Singa

    pore

    Nethe

    rland

    sCh

    ina

    1

    2

    3

    4

  • Advanced IndustriesInnovation Skills Ecosystems

    Share of population 20-34 with a STEM degree

    Percentage of graduates majoring in STEM fields

    RANK VALUE24

    25

    26

    27

    28

    29

    0.86%

    0.84%

    0.82%

    0.77%

    0.76%

    0.75%

    Slovenia

    Estonia

    Canada

    United States

    Netherlands

    Hungary

    30

    31

    32