Information Economy

Broadband is the essential foundation of our nation’s modern information economy. Assuming a constructive policy environment, broadband will be a primary driver of U.S. economic recovery, job creation and competitiveness over the next decade and beyond. The broadband/IT sectors created nearly half of all new American jobs in 2008. And, the converging broadband sectors of telecom, media and IT lead U.S. GDP growth, adding nearly $900 billion annually and expanding at a rate that is two to five times faster than the overall U.S. economy. IT-related sectors will remain the fastest-growing areas of our economy over the next 10 years.