Utilizing a broadband connection doesn’t just mean internet users can watching their favorite shows on Netflix or pull up their favorite news network more quickly. A competent high-speed internet network can also mean increasing revenue for businesses, better productivity levels for employees and better overall economic growth in general.
This week the team at TechNet took a close look at broadband connections in each of the continental United States, they then ranked those connections based on broadband adoption, network quality and the economic structure that is built around those networks.
While some states such as California might not surprise many readers, others such as Vermont and Utah managed to top the list over states with bigger cities and larger populations.
So why is this important? The study which was conducted with help from tech giant Cisco found that broadband-connect businesses on average report revenues $300,000 higher than non-broadband connected business on an annual basis.
The study also found that broadband is now responsible for creating 20% of all new jobs in the current economy and 30% of all jobs for company’s with less than 20 people. The study found that over the last decade IT jobs in broadband grew by 26% or four times the national employment growth rate.
In a bit of good news the broadband adoption report found that 68% of Americans now have a broadband connection in their home.
Finally TechNet discovered that people with a higher net income are more likely to have a broadband internet connection in their home.
Check out the infographic below for a great visual representation of the broadband landscape in the United States. Look at the graphic it is easy to see why Google has thrown so much of its strength behind implementing broadband internet connections for every single home in America.
Could you live without your broadband internet connection?
[Image via Blackstonian]