Report: Businesses with high-speed Internet earn $300,000 more on average
A report by Connect Iowa says businesses with a broadband connection are likely to generate more revenue and jobs. Businesses with high-speed Internet connections report having median annual revenues $300,000 higher than businesses without broadband, the report said.
Connect Iowa is an organization developed by the Iowa Department of Economic Development to lead the initiative to increase broadband Internet access in rural Iowa. For more information on the report and an interactive application that shows the impact on specific sectors of the state’s economy, go to connectiowa.org.