Pittsburgh Technology Industry Growth Data from 2020-2022
Despite mixed rates of growth, positive trends continue for some technology industry clusters in southwestern Pennsylvania.
This year’s State of the Industry Report compares three years of data for each of six main technology industry clusters for three years ending 2022, the latest year for which complete data was available.
A region’s total annual payroll is the most significant measure of its wealth, and in southwestern Pennsylvania technology industry clusters examined herein account for 34 percent of the region’s total workforce payroll.
Most technology industry clusters experienced positive growth in total annual payroll, with the exception of information technology and energy. Even though these IT and energy clusters reflected negative growth in total annual payroll, the average paycheck in these industries grew slightly.
Advanced materials showed the most remarkable results with a nearly 17 percent increase in its total annual payroll after years of performance doldrums. The average wage for people working in advanced materials jumped more than 21 percent over the three-year measured period.
The aggregate subclusters that make up life sciences had the second highest payroll growth at 12 percent. When considering health services as part of the life sciences cluster, it is important to note that its total annual payroll is the largest in this report at $8.6 billion. It also has the highest number of employees at more than 102,000. The average wage for health services workers grew at the second highest rate of 12.8 percent over three years.
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