$788 Million

App Economy Generates $788 Million for Virginia’s Economy

Washington, D.C. (October 4, 2012) - Virginia ranks as a national app industry leader, according to a study released today by CTIA-The Wireless Association® and the Application Developers Alliance. The research, conducted by South Mountain Economics, LLC and entitled “The Geography of the App Economy”, found that application development is responsible for 15,000 jobs in Virginia, with an economic impact of $788 million. That makes Virginia the 8th most “app intense” state in the nation. App intensity measures the number of app related jobs in a state relative to the number of jobs overall.