America's Advanced Industries
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Transcript of America's Advanced Industries
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
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
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 Industries
W H A T W H E R E W H Y
Advanced Industries
W H A T W H E R E W H Y
R&D-intensive industries that concentrate the nation’s 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
Energy
3
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)
Associate’s!Degree
Some!College
Secondary!Diploma
No Secondary!Diploma
$153
$117
$130
$89
$115
$69
$89
$56 $60
$38
$54
$32 $4
4
$28 $3
3
$20
Advanced IndustriesOffer a Significant Wage Premium at Every Level of Education
Doctoral!Degree
Professional!Degree
Master’s!Degree
Bachelor’s!Degree
$160
$120
$80
$40
$0
Aver
age
Wag
e (th
ousa
nds)
Associate’s!Degree
Some!College
Secondary!Diploma
No Secondary!Diploma
$153
$117
$130
$89
$115
$69
$89
$56 $60
$38
$54
$32 $4
4
$28 $3
3
$20
Advanced IndustriesOffer a Significant Wage Premium at Every Level of Education
Doctoral!Degree
Professional!Degree
Master’s!Degree
Bachelor’s!Degree
50 percent!of advanced industry jobs !
require less than a bachelor’s 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 Industries
W 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 Industries
Innovation Skills Ecosystems
Advanced Industries
Innovation Skills Ecosystems
Total Spending on Research and Development 2010-2012 average as share of GDP
0
Korea
Israe
lFin
land
Sweden
Japa
nChin
ese T
aipei
Denmark
German
ySwitz
erlan
dAus
triaUnit
ed S
tates
Sloven
iaIce
land
Fran
ceBelg
iumAus
tralia
Singap
oreNeth
erlan
dsChin
a
1
2
3
4
Advanced Industries
Innovation 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%
SloveniaEstoniaCanada
United StatesNetherlands
Hungary
30
31
32
33
34
35
22.0%
21.9%
21.8%
19.3%
19.2%
18.7%
NorwayAustraliaPoland
United StatesChileJapan
RANK VALUE
1980 2013
Major metropolitan areas with at least 10 percent of total employment in advanced industries
Advanced Industries
Innovation Skills Ecosystems
Advanced Industries
Innovation Skills Ecosystems
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
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
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