According to a study released by the NCTA, the U.S. cable industry supports 2.7 million jobs representing a total economic impact of more than $386 billion in 2014.
Among the findings:
- There are at least 300 cable industry employees in each U.S. congressional district, and more than 2,000 cable employees in some districts.
- Since 2002, employment attributable to the cable industry has increased by 1.25 million jobs.
- Personal income earnings to cable industry employees totals $116 billion.
- The cable industry has invested more than $230 billion since 1996 in the country's broadband infrastructure. Cable's Internet services are available to over 100 million U.S. homes with average peak connection speeds exceeding 30 Mbps in all 50 states.
- In 2014, franchise fees paid to local municipalities totaled more than $2.4 billion. In addition, subscriber taxes and fees added $3.4 billion in revenues to state and local government coffers.