Investing In America 2024

The U.S. cable industry plays a vital role in the country’s communications infrastructure. In 2024, it delivered 59% of all fixed internet connections, serving 80 million broadband subscribers nationwide. NCTA – The Internet & Television Association (NCTA) commissioned Chmura Economics & Analytics (Chmura) to conduct a study of the economic impact of the cable industry in 2024 across the U.S., all 50 states and the District of Columbia, and all congressional districts. In 2024, cable broadband connectivity providers produced $212.5 billion in direct economic output (estimated total revenue or sales) and employed 241,969 workers. When accounting for ripple effects throughout the economy — indirect impacts from suppliers and induced impacts from household spending — the total output reached $366.4 billion, supported 887,522 jobs, contributed $197.0 billion to the national GDP, and generated $94.7 billion of labor income.