Downturn doesn’t soften growth in software industry

| Print |  Email
Thursday, January 01, 2009

In the face of the current economic downturn, Oregon’s software industry is enjoying solid growth. Its largest field, software publishing, employed 9,600 people in September 2008, an increase of 4.3% over the previous year and equal to its early 2001 peak. Another key player in the software industry, computer systems design and services, employed 9,800 people in September 2008, a 6.5% increase versus the previous year, although only four-fifths of its late 2000 peak. While computer products manufacturing employs more than two-thirds of Oregon’s high-tech workers, these two service-oriented sectors employ almost one-third. They are also projected to continue growing, with software publishing services increasing by 22% from 2006-2016, and systems design and services by 20%. Additionally, wages for these sectors are very high relative to other industries across the state. Annual wages in 2007 averaged more than $89,000 in software publishing and more than $75,000 in systems design and services.

JILL CUYLER
WorkSource Oregon Employment Analyst


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Closing the Gap: The two Oregons and the way forward

February 2015
Monday, January 26, 2015
BY JOE CORTRIGHT

"Nostalgia is not an economic strategy."


Read more...

Carbon Power

February 2015
Tuesday, January 27, 2015
BY LINDA BAKER

Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.


Read more...

Convention Wisdom

February 2015
Monday, January 26, 2015
BY KIM MOORE

After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.


Read more...

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

Finding a Balance

Contributed Blogs
Thursday, January 29, 2015
012915-passinvst-thumbBY JASON NORRIS | OB GUEST BLOGGER

Active vs. passive investing: what you need to know.


Read more...

Raising the Stakes

February 2015
Monday, January 26, 2015
BY LINDA BAKER

The 2014 Bend Venture Conference set a record for the most cash, investments and prizes awarded at an angel conference in the Pacific Northwest. Investments in the six winning companies exceeded $1 million. The 11th annual conference was hosted by Economic Development of Central Oregon.


Read more...

Free Falling

Contributed Blogs
Thursday, December 18, 2014
121714-oilprice-thumbBY JASON NORRIS | OB CONTRIBUTOR

The implosion of the energy complex: The best thing for low oil prices is low oil prices.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS