devxlogo

Facebook “App Economy” Worth $15 Billion to U.S. Economy

Facebook “App Economy” Worth $15 Billion to U.S. Economy

The University of Maryland has released a new report detailing the impact of the “Facebook App Economy” on the U.S. economy as a whole. According to the report, the Facebook ecosystem directly or indirectly created between 182,000 and 235,644 new jobs. Those workers made between $12.19 billion and $15.71 billion in wages and benefits.

Facebook itself employs about 2,000 workers.

View article

devxblackblue

About Our Editorial Process

At DevX, we’re dedicated to tech entrepreneurship. Our team closely follows industry shifts, new products, AI breakthroughs, technology trends, and funding announcements. Articles undergo thorough editing to ensure accuracy and clarity, reflecting DevX’s style and supporting entrepreneurs in the tech sphere.

See our full editorial policy.

About Our Journalist