Tag: Economic

The digital divide is causing major economic problems for rural Texas. What now?

HUNTSVILLE — John Davidhizar’s business, a Christian camp and retreat in the open spaces of Sam Houston National Forest, has struggled for years with the lack of access to reliable, high-speed internet. It has made it harder to attract campers and staff, market the business and manage reservations.

But here’s what really stings. When his adult children — including a son, a doctor, and a daughter, studying for a master’s degree — come to visit, they don’t stay very long because they need to get back to a better connection for their work.

“They (internet providers) just say we don’t

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Kansas Economic Development Plan Focuses on Kids and Tech

(TNS) — Two years ago, Nick Poels decided he wanted K-12 students in his rural Kansas community of 2,500 to learn to code. Kids in Phillipsburg soon had a brand-new computer lab, and Poels hoped 20 or 30 children might use it.

“Within two weeks of school starting, we had 351 students involved,” he said.

Poels quickly realized he had touched on something.

At the time he was the economic development director for Phillips County, in north-central Kansas. Now he’s working with nonprofit NetWork Kansas on a new project to bring computer science education to K-12 schools across the state,

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Quantifying the Economic Impact of Closing the Digital Divide

NEW YORK, May 3, 2021 /PRNewswire/ —

Key takeaways

  • Additional broadband coverage, adoption, and speed is accretive for incremental growth of U.S. jobs and GDP, making the case for investment
  • A 10 percentage-point increase in broadband penetration in 2016 would have resulted in more than 806,000 additional jobs in 2019, or an average annual increase of 269,000 jobs.
  • More than 875,000 additional U.S. jobs and $186 billion more in economic output would have occurred in 2019 had there been a 10 percentage-point increase in broadband access in 2014.
  • Adding 10 Mbps to average download speeds in 2016 would
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Computer chip shortage, lingering COVID affects economic recovery

BUFFALO, N.Y. — If you’re in the market for a new car, or an appliance or a new computer, be aware that the availability and price may be affected in the weeks to come. 

That’s because of a global shortage of those computer chips, which power all of those electronic components in our vehicles and devices. Some observers say it affects the supply chain and our national economy. 

Just like COVID affected factory production lines and supplies of big ticket items like appliances last spring and summer, now in part it’s responsible for a worldwide shortfall of those electronic brains

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IAB Internet Advertising Revenue Report for 2020 Shows 12.2% Increase in Digital Advertising, Despite COVID-19 Economic Impacts

NEW YORK, April 7, 2021 /PRNewswire/ — As the world grapples with the ongoing ramifications of the COVID-19 pandemic, the digital advertising sector continues to show tremendous resilience.  In fact, according to the newly released “IAB Internet Advertising Revenue Report,” conducted by PwC, digital advertising revenues increased by 12.2% in 2020 compared to 2019.

“The second half of 2020 made up for the rather abrupt drop in advertising revenue experienced toward the end of the second quarter,” said Susan Hogan, Senior Vice President, Research and Analytics, IAB. “We not only had a rebound, we also had double-digit growth.

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