Thrifty Thinking: Broadband and Income

IIA just released a whitepaper, “The Multiplier Effect of Broadband and the Income of American Households,” that explores how much money Americans are making using broadband-enabled platforms, the average broadband ROI for gig economy workers and the percentage of household spending, according to the U.S. Department of Labor, that typical sharing economy earnings can cover. IIA also issued an update to its annual “Top 10 Ways Being Online Saves You Money” report, which finds the average American household can now save more than $12,000 per year on household spending through use of high-speed internet services, after the average annual costs of a mobile data plan and a home broadband connection ($1,200) are subtracted.

You can read the whitepaper here (http://bit.ly/2Bcrq0n) and view the study infographic, which shows how the average American saves so much due to broadband, here (http://bit.ly/2gaR9vF).