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IRC Impact

Pennsylvania’s IRC Network has a significant impact on the state’s economy. From job creation to increased demand for PA Made goods, every dollar invested is repaid many times over.


 

$8.9B

From 2004-2016, Pennsylvania Industrial Resource Center clients independently reported $8.9 billion in increased or retained sales.


 

Over the same time period, those IRC clients created or retained 67,632 jobs.

67,632


 

$70K

The Commonwealth’s 568,000 manufacturing jobs pay an average wage of $70,414.


 

For every dollar the PA Department of Community & Economic Development allocates to an IRC, client companies return $150 in sales.

$150


 

35%

When state funding for IRCs declined in FY 2009-10, clients’ revenue dropped by 35 percent.


 

Pennsylvania investment per job created/retained by IRCs in Fiscal Year 2015-16 was just $907.

$907


 

5600

More than 5,600 jobs were created or retained in Fiscal Year 2015-16 as a result of companies using IRC services.


 

In Fiscal Year 2015-16, increased sales due to IRC aid generated $143 million in increased demand for Pennsylvania products and services.

$143M