Powering Advanced Industries, State by State. Presented by Bruce Katz at the Brookings Institution on February 20, 2014.

1. POWERING ADVANCED INDUSTRIES
State by State
Metropolitan Policy Program
at BROOKINGS
Washington, DC / February 20, 2013

2. More Jobs
7.8 million
jobs needed post-recession
Better Jobs
81 million
107 million
poor or near poor in 2000
poor or near poor in 2011

3. Pre-Recession Economy
DEBT
CONS
MPTION
CONSU
UMP
TION
ON
TI
MP
U
BTDEBT ONSDEBT
CON DE
SUM DEBT C
PTI DEBT
ON
CONSUMPTI
ON
Next Economy
INFRA
STRUEXPORTS
CTUR
ADVANCED
E
AL CTURING
ENERGY
PIT FA
N CA ANU R&D
UMAIN M ST
HO
EM
PP NOVA
ORTU TION
NITY

4. 85%
71%
Drop in natural gas prices
2008-2012
Rise in Chinese
manufacturing wages
2008-2012
Major tech and production
trends are changing the
nature and location of
manufacturing

5. Next Economy
STRUEXPORTS
CTUR
ADVANCED
E
INFRA
AL CTURING
ENERGY
PIT FA
N CA ANU R&D
UMAIN M ST
HO
EM
PP NOVA
ORTU TION
NITY
Advanced Industries
R&D-intensive industries that
concentrate the nation’s science,
technology, engineering, math and
computer workforce

6. Advanced Industries
Manufacturing
Services
Pharmaceuticals
Aerospace
Advanced
Machinery
Telecommunications
R&D Consulting
Services
Motor Vehicles &
Parts
Medical Equipment
Computer & Electronic
Devices
Software
Computer Systems
Design

7. Advanced Industries
Pay & Skills
$94,000
average advanced industry
job wage
1 out of 2
advanced industry jobs require
less than a 4-year degree

8. Advanced Industries
Share of US Totals
81.3%
60.0%
30.3%
5.1%
Jobs
31.2%
Engineers &
Architects
Exports
10.6%
Private
Sector GDP
Patents
Private
Sector R&D

9. Advanced Industries
Share of Economic Recovery Since 2010
20.7%
5.1%
Jobs
9.9%
10.6%
AI Share of
Job Growth
Since 2010
Private
Sector GDP
AI Share of
GDP Growth
Since 2010

10. Advanced Industries
Develop Technology that
Transforms Lives
Drive Productivity in
Other Industries
Support Long
Supply Chains
Stimulate Local
Economies

11. Colorado
Tennessee

12. Tennessee Auto Industry
94,000
auto industry workers
79%
auto industry workers
in the supply chain
$4.7 b
auto industry contribution to
Tennessee GDP

13. Colorado Space Industry
66,000
space industry workers
$92,500
space industry average
wage
$8.7 b
space industry contribution to
Colorado GDP

14. Policies that states can pursue to power Advanced Industries
Drive continuous industry development
Develop the workforce pipeline to
strengthen AI skills base
Commit to innovation at all levels of the
supply chain

15. POWERING ADVANCED INDUSTRIES
State by State
Metropolitan Policy Program
at BROOKINGS
Washington, DC / February 20, 2013