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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.


 

$9.5B

From 2004-2017, Pennsylvania Industrial Resource Center clients independently reported $9.5 billion in increased or retained sales.


 

Over the same time period, those IRC clients created or retained 73,131 jobs.

73,131


 

$72K

The Commonwealth’s 566,000 manufacturing jobs pay an average wage of $72,500.


 

For every dollar the PA Department of Community & Economic Development allocates to an IRC, client companies return $130 in sales.

$130


 

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 2016-17 was just $929.

$929


 

5,499

More than 5,499 jobs were created or retained in Fiscal Year 2016-17 as a result of companies using IRC services.


 

In Fiscal Year 2016-17, increased sales due to IRC aid generated $141 million in increased demand for Pennsylvania products and services.

$141M