Digital Economy Was 6.5% of 2016 GDP, NTIA Says

The digital economy made up 6.5 percent or $1.2 trillion of gross domestic product in 2016, the Bureau of Economic Analysis said Thursday. It grew at an average annual rate of 5.6 percent from 2006 to 2016, outpacing overall U.S. economic growth of 1.5 percent yearly, the bureau said. In 2016, the digital economy included 5.9 million jobs in the U.S., 3.9 percent of total employment. Digital economy employees earned more than $114,000 per year on average, nearly twice the $66,500 national average.