The top ten venture capital firms in Pennsylvania by year by number of investments (2021)

The number of degrees/certificates awarded in STEM fields as a percent of the total number of degrees/certificates awarded in all fields (Pennsylvania)

The federal government defines cost-burdened households as those that pay over 30% of household income to rent or mortgage payments. This is caused by high housing prices, low incomes, or both. This is an indicator of whether citizens are sharing in a region’s economic growth: as home prices rise, wages should rise, too. While high housing prices can indicate a region’s attractiveness, they can also deter potential new inhabitants from moving in and contributing to the local economy.

While STEM graduates aren't the only contributors to PA’s innovation economy, the number of STEM degrees awarded each year serves as a proxy for the labor pool’s interests and its level of skill development and sophistication (Milken 2018 Report).

As businesses grow in PA, they need skilled and well-educated workers who are prepared for the innovation economy. STEM degree programs help equip students with the knowledge and skills they need to enter the workforce and be successful in a tech-driven, global economy. (PA Department of Education).

With the conclusion of the 2018-19 school year, nonresident alien students were dramatically overrepresented among STEM graduates, whereas white students were slightly underrepresented and Black or African-American students were dramatically underrepresented.

Note about data: This table presents data collected from Title IV institutions in the United States. Prior to 2009-10, the data include only Title IV primarily postsecondary institutions.

Source: U.S. Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS), Completions component 2018-19 provisional data

Comparison of the number of employees at foreign-owned companies (FOC) in Pennsylvania, Pennsylvania FOC employment as a percent of total employment, and Pennsylvania FOC employment as a percent of U.S. FOC Employment

The population living in selected Pennsylvania Metro Areas who were born in a foreign country, compared to Pennsylvania.

Number of Pennsylvania companies appearing in the annual Inc. 5000 list of Fastest Growing Companies in America by industry (top industries in 2020 ranked by number of companies)

The number of employees at foreign-owned companies in Pennsylvania by the country of ownership

Utility patents per 100,000 residents by year by state, compared to the national average (selected states, 2015-2019)

The percent of STEM degrees/certificates awarded to race/ethnicity groups as a percent of the total number of STEM degrees/certificates awarded the total student population, compared to the percent of all degrees/certificates awarded to race/ethnicity groups as a percent of the total number of degrees/certificates awarded the total student population (Pennsylvania)