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Displaying 1 - 6 of 6
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Useful Stats: A full recovery from COVID-induced unemployment?

Thursday, June 2, 2022

Between March and April of 2020, the United States saw a massive drop in employment due to the COVID-19 pandemic: from approximately 151 million employees to fewer than 131 million. More than two years since the beginning of the pandemic, surveys suggest a near-complete recovery to pre-pandemic employment levels. Data from the U.S. Bureau of Labor Statistics (BLS) through March 2022 (the most recent final data published by BLS) reveal an average decrease of just 1 percent in employment across the country as whole since February 2020. While the U.S.

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Useful Stats: 10-year SBIR awards by state and agency, 2013-2022

Thursday, May 11, 2023

In anticipation of America's Seed Fund week on May 15-18, 2023, this article will explore the last 10 years of Small Business Innovation Research (SBIR) program award data. These data cover all 50 states, D.C., and Puerto Rico.

In anticipation of America's Seed Fund week on May 15-18, 2023, this article will explore the last 10 years of Small Business Innovation Research (SBIR) program award data. These data cover all 50 states, D.C., and Puerto Rico.

SBIR is a highly competitive awards-based program that funds small businesses to support R&D projects with potential for commercialization. Eleven federal agencies participate in the SBIR program, each with varying budgets, requirements, and goals.

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Useful Stats: State-level higher education R&D trends

Thursday, February 23, 2023

This article was edited on April 19th, 2023, to correct for an error in the original data analysis.

Fiscal Year (FY) 2021 saw higher education research and development (R&D) spending increase by a total of $3.43 billion (3.97%) over the prior year — a higher rate of growth than the 10-year average of +3.53% per year — and $23.99 billion (36.51%) over the past 10-years. Using data from the most recent release of the Higher Education Research and Development (HERD) survey, this article will analyze state-level trends on higher education R&D expenditures, revealing the aforementioned increased expenditures, although strong, are barely keeping pace with the nation’s overall economic growth.

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Useful Stats: 20-Year Change in US Real GDP per capita, 2002-2021

Thursday, February 2, 2023

From 2002-2021 (the last 20 years for which data is available), the total U.S. real gross domestic product (GDP adjusted for inflation, or Real GDP) increased by approximately 45%, from $13.5 trillion to $19.6 trillion in chained 2012 dollars. On a per capita basis, county-level real GDP increased by an average of 36% over the past 20 years, with a range of growth from -77% (Brooks County, Texas) to 3,950% (Culberson County, Texas).

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Useful Stats: Investment deals by size per state, 2012-2021

Thursday, February 10, 2022

While the overall U.S. venture capital market has drawn headlines for record-breaking total investment levels in 2021, the story has been far different for smaller deals. Data currently suggests a decline in deals under $1 million, and only modest growth for deals under $5 million. The final data may tell a slightly different story,[1] but the level of activity at the smaller end of the spectrum is clearly quite different than what is driving market coverage.

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Useful Stats: SSBCI allocations by category and state

Thursday, November 11, 2021

This edition of SSTI’s Useful Stats examines the expected allocation of approximately $8.5 billion in State Small Business Credit Initiative (SSBCI) funding by state and allocation category based on the Department of the Treasury’s recent guidance update.

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Recent news from the SSTI Digest

Universities as architects of regional innovation ecosystems

Wednesday, July 8, 2026
Ask most university leaders how their institution contributes to the regional economy and the answer is likely to include research expenditures, patents, startups, and jobs. Those measures remain important, but they overlook one of the university's most valuable contributions. In today’s economy, where innovation, talent, and technology shape how regions grow, universities are helping communities adapt, connect, and compete.
regionalism
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TBED programs succeed by engaging with local communities

Wednesday, July 8, 2026
When a new TBED project comes to town, the TBED practitioners inside know the long-term benefits of technology-based economic development: they can see and understand their progress in building a strong economic foundation for their host region. But for community-based and workforce development organizations and K-12 education systems in the surrounding area, the TBED project might appear to be an opaque operation that operates independently of its neighbors.
tbed

What to expect when you’re expecting (investment returns)

Wednesday, July 8, 2026
Following SSTI’s recent look at the timing and type of exits, we continue our look at investment activity to characterize returns on investments so that TBED investors can more accurately project and adjust program parameters to support long-term sustainability. Accurate data on venture capital investment returns and fund performance on private investment vehicles is not readily or consistently available. Anecdotal stories  and the occasional press release on a major transaction exist, but VC exits are often done quietly. As such, parties interested in understanding performance outcomes must rely on focused reports and other aggregate data. 
investing
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