The U.S. cable internet, TV and programming providers play an essential and powerful role in driving the national economy. In 2022, cable providers supported the generation of $196 billion of U.S. GDP, 1,012,000 jobs, and more than $41 billion in taxes at all levels of government. These benefits were spread across the U.S., with 96% of all U.S. congressional districts hosting more than 500 cable-related jobs.
The economic impact of cable providers also results from the fact that many industry sectors depend upon and use cable-provided internet services as a key component of their business operations. Our analysis shows that this direct downstream impact in 2022 amounted to $132 billion in GDP and 550,000 jobs, with the GDP impact greatest in the telecommunications industry, and the retail and hospitality sectors among the largest beneficiaries in terms of employment.
Cable programming providers supported the generation of $104 billion of U.S. GDP in 2022, supported almost 500,000 jobs, and generated more than $16 billion in taxes.
To download the report, please complete the form below.
The experts behind the research
Our Economic Consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Lead Economist, Economic Impact
Senior Economist, Economic Impact
Read the report
Complete the form below to download the report.
Recent Economic Impact reports
How to tackle sustainability challenges
Sustainability is a multifaceted challenge, shrouded in complexity. It can make navigating the complex landscape of sustainability daunting, with organisations often struggling to understand their unique challenges and find effective solutions or meet their reporting and disclosure requirements. Why, are companies struggling, even though 97% of businesses consider sustainability a top priority?Find Out More
The McDonald’s System’s Multi-Billion Dollar Impact
The McDonald’s System plays an integral role in state economies through its support of jobs and businesses, driving economic opportunity for its independent owner/operators, McDonald’s crew members, and suppliers.Find Out More
Understanding the gaps in the US STEM labor market
In the context of an accelerated expansion of the tech industry, and the implementation of policies like the CHIPS and Science Act, US firms are expected to demand more STEM (science, technology, engineering and mathematics) trained professionals, at a pace that the American higher educational system will have trouble matching.Find Out More
Potential consequences of the NLRB joint employer rule
The International Franchise Association (IFA) commissioned Oxford Economics to assess the potential impacts of the National Labor Relations Board (NLRB)’s proposed revisions to the joint employer rule on franchising. Oxford Economics found that potential consequences include increased business model uncertainty, increased costs, and decreased access to small business ownership through franchising.Find Out More