Amazon invested more than $17 billion in Pennsylvania, $530 billion in U.S.
SEATTLE—(NASDAQ: AMZN)—Amazon today announced the findings from its 2021 U.S. Economic Impact Report, sharing that the company invested more than $17 billion in Pennsylvania and $530 billion in the U.S., since 2010.
The company also detailed that it has created more than 25,000 jobs in Pennsylvania in its operations, logistics, corporate and technology functions. Estimates from the report show that Amazon’s investments in the commonwealth led to the contribution of more than $16 billion to the Pennsylvania economy over the last decade, demonstrating Amazon’s commitment to creating quality jobs and generating economic opportunity.
“Recovering from this pandemic, positioning our state’s economy for continued economic growth, and improving opportunity for all require a strong private sector that invests in innovation, its workers, and the community,” said Gene Barr, President and CEO of the Pennsylvania Chamber of Business and Industry. “As this report makes clear, Amazon has made substantial commitments to Pennsylvania, and we look forward to working with them, our members, and leading policymakers to continue to build upon these significant investments in our local communities.”
“From Philadelphia to Harrisburg to Pittsburgh and everywhere in between, Amazon is proud to provide good jobs to thousands of Pennsylvanians while boosting the overall state economy,” said Maura Kennedy, Economic Development Manager for Pennsylvania at Amazon. “Amazon’s success and ongoing expansion efforts in the Keystone State is a tribute to the diverse and skilled workers that call Pennsylvania home and I look forward to seeing our continued growth for years to come.”
In addition to investing in its physical operations and fulfillment network, cloud infrastructure and retail locations, Amazon also invested significantly in its employees, paying more than $160 billion in compensation to its U.S. workforce. Amazon offers all hourly employees a starting wage of at least $15/hour. Employees also have access to industryleading benefits, including healthcare, 401(k) retirement savings and career skills training programs. Those interested in working at Amazon can visit amazon.jobs for more information.
The report, produced by economists at Keystone
Strategy, provided an analysis of Amazon’s 2020 U.S. investments in areas including infrastructure and compensation. On top the company’s investments and direct employment, Amazon’s investments have supported the creation of more than 39,000 indirect jobs across the state. These are jobs in supported industries including construction, transportation, retail, healthcare, food services and more.