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Advanced industries are for NJ and the US

2/28/2015

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Washington D.C. - In a recent Brookings Institute report, Mark Muro and his colleagues discuss the potential of “advanced industries” and their economic renewal in the United States. Industries that invest heavily in research and development (R&D) and science, technology, education, and math (STEM) workers are considered "Advanced Industries." For New Jersey and the NJ Department of Labor, these industries are typically found in the advance manufacturing, technology and life sciences sectors.
"Characterized by its deep involvement with technology research and development (R&D) and STEM (science, technology, engineering, and math) workers, the sector encompasses 50 industries ranging from manufacturing industries such as automaking and aerospace to energy industries such as oil and gas extraction to high-tech services such as computer software and computer system design, including for health applications."

For their full report:
http://www.brookings.edu/~/media/Research/Files/Reports/2015/02/03-advanced-industries/final/AdvancedIndustry_FinalFeb2lores.pdf?la=en

For the comprehensive data, see the bottom of this page: 
http://www.brookings.edu/research/reports2/2015/02/03-advanced-industries#/M10420
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