The Penn State Workforce Education and Development Initiative conducted an analysis of the economic impacts of electronic and appliance stores in Centre County.

An Economic and Workforce Brief, “Role of Electronic & Appliance Stores in the Economy of Centre County, Pennsylvania,” quantifies the role of every 100 workers employed by the electronic and appliance stores industry in generating jobs, compensation, and property taxes in the region.
 
This Brief explains the economic impact of a company such as Neutron Inc on the economy of Centre County. Neutron Inc is primarily a store which sells computers and software. The analysis in the attached Brief focuses on the impact of the electronic and appliance stores industry, of which the computer and software stores industry is a part. For more information about the Neutron, Inc, refer to the following website:
http://www.neutronusa.com
 
The electronic and appliance stores industry comprises establishments primarily engaged in retailing household-type appliances, cameras, computers, and other electronic goods. Computer and software stores are engaged in retailing new computers, computer peripherals, and prepackaged computer software.
 
Data from the 2002 Economic Census, the most recent economic census available, indicate that 395 establishments in Pennsylvania were computer and software stores. These stores generated $480.6 million in receipts (2.9% of US receipts in computer and software stores) with 2,810 employees (3.8% of US employees in computer and software stores) and an annual payroll of $58.2 million (3.2% of US payroll in computer and software stores).
 
An analysis behind a Penn State Economic & Workforce Brief targets an industry (a group of establishments providing similar products or services), not an individual firm. As a result, economic and workforce impacts calculated for a Brief represent an industry average, not the impacts generated by an individual firm.
 
For additional information about this Brief or about the work of the Penn State Workforce Education and Development Initiative, contact Rose M. Baker (814.865.9919) or David L. Passmore (814.863.2583). To view other Brief reports produced about other Pennsylvania industries and regions, navigate to:

http://PSUBrief.notlong.com