Deloitte

Broadband for all: charting a path to economic grow

Quantifying the economic impact of bridging the digital divide clearly shows the criticality of broadband infrastructure to the US economy. Deloitte developed economic models to evaluate the relationship between broadband and economic growth. The models indicate that a 10-percentage-point increase of broadband penetration in 2016 would have resulted in more than 806,000 additional jobs in 2019, or an average annual increase of 269,000 jobs. Moreover, Deloitte found a strong correlation between broadband availability and jobs and GDP growth.