Tag: Quantifying

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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