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Monday, July 18, 2016

Google's Impact on the Global Economy by Michael Hendrix



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Source Google


The impact of Google on the American economy underscores how the Internet can boost the American economy.

Google’s latest Economic Impact report finds the company contributing $165 billion of economic activity for 1.4 million businesses and non-profits in 2015, up from $131 billion in 2014. Ads and search lead to clicks, and some clicks lead to business.

The incremental revenue gained has a not insignificant impact on job creation as well.
The Missouri Star Quilt Company, for instance, is now the largest employer in its rural county. Its 250 employees “ship thousands of packages every day to customers around the world.” As Al Doan, its founder and CEO says, “The Internet let us build a business that's changed our town and changed our family.”



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