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You are here: Home / Articles / News / BSA report shows software industry makes a $1 trillion contribution to US GDP

BSA report shows software industry makes a $1 trillion contribution to US GDP

2016-06-23 by Jason

bsa_software_june2016

The BSA, which used to stand for the Business Software Alliance and now just stands for BSA, released the first report measuring the impact of the software industry on the US economy. The term ‘software’ refers to more than just desktop software. It includes apps, cloud computing, and other related technologies. When counting the full impact, including indirect and induced effects, the software industry added $1.07 in value to the US GDP. When talking about only the direct value-added GDP, that number is $475.3 billion.

The report is rather informative showing the impact on jobs and R&D. The report is also broken down by state so you can see how your state compares in revenue generated by the software industry and individuals employed. The methodology used to collect these numbers is also explained.

To share this information, the BSA created a dedicated site at softwareimpact.bsa.org. The information is available on the site as well as open downloads to the US Overview and the full report as .pdf files.

bsa_softwareglance_june2016

Filed Under: Featured, News Tagged With: bsa, economy

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