Video game companies add $1.7 billion to California economy

The computer and video game industry grew by 12.3 percent in California last year, nearly three times faster than the state’s overall growth, and added $1.7 billion to the state economy, according to a report released by the Entertainment Software Association this week.

There are more than 190 facilities employing more than 34,600 Californians in the computer and video game industry—making the state the largest employer of video game and related personnel in the nation and accounting for approximately 40 percent of the industry’s total employment, the report by Economists Incorporated said. Employees of those companies received more than $1.8 million in compensation last year.

The industry added $3.8 billion to the U.S. gross domestic product in 2006 and employs more than 80,000 people in 41 states, the report found. Employees received a total of $2.2 billion in compensation nationwide and averaged more than $92,300 in 2006.

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