The U.S. Video Game Industry Has Grown Faster Than the Entire U.S. Economy

The Video and Computer Gaming Industry Provides Lots of High-Paying Jobs

Patty Oh
Looking for a career in an industry whose growth has outpaced that of the entire U.S. economy over the past three years? In an industry that's poised for continued growth, and has an abundance of well-paying jobs? If so, look for a job in the video and computer gaming industry. Details were recently announced in a recent press release.

In a groundbreaking study, the Entertainment Software Association (ESA) announced that the video and computer gaming industry grew by a whopping 17 percent for from 2003 through 2006. By contrast, during this same time frame the economy, as a whole, in the United States only grew four percent.

The computer and video game industry provides over 24,000 jobs for people within the United States. The average salary that comes with these jobs? An astounding $92,300 a year as of 2006.

California came out as the biggest winner in the video and computer game industry. All totaled, more people with jobs in this industry live in California that in any other state in the nation. There are approximately 30,000 jobs for computer and video game employees in California.

Between direct, and indirect (health benefits, stock plans, etc.) benefits, the employees in the California jobs racked up over $1.8 million in compensation - all of this was just in 2006. No other years were included in that $1.8 million figure.

California continues to lead the pack for growth in the video and computer gaming industry, experiencing double-digit growth of 12.3 percent just last year. It's estimated that this industry added nearly $2 billion to the economy of the State of California in 2006.

The state with the second highest number of video and computer game employees was Washington state. Washington has more than 59 different facilities located throughout the state that provide over 9,280 jobs.

Another hot spot in the computer and video gaming world is New York. There are more than 4,400 people working at 25 different facilities across New York who work, either directly or indirectly, in the video and computer gaming industry.

Which state had the largest percentage of growth in the video and computer gaming industry? This honor goes to the Virginia. They experienced triple-digit growth - an astounding 552 percent in 2006 alone.

"Computer and video game companies play an ever increasing role in our nation's growing economy. These companies and their colleagues across the nation are making entertainment software one of the fastest growing industries in the United States," said Michael Gallagher, CEO of the Entertainment Software Association. The ESA represents both computer and video game publishers in the United States.

Economists Incorporated conducted research and provided these figures regarding the economic impact that the computer and video gaming industry brings to America.

Source:
http://www.webwire.com/ViewPressRel.asp?aId=53934

Published by Patty Oh

A self-employed writer and speaker, Patty has eclectic interests. She loves long road trips and the silence of swimming. An avid reader and SEO writer, she is also available for hire.  View profile

3 Comments

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  • Sayed Islam12/21/2007

    This is great news for gamers (myself included) everywhere.

  • Charlotte Kuchinsky12/2/2007

    That is kind of a sad state of affairs, isn't it? But not surprising at all.

  • Donna Porter11/29/2007

    I had the opportunity to make a medical case file (problem/solution) in an E.R. type game. It was fun. Sometimes I wish I'd stuck with it - not enough writing though. :-)

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