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Wyoming’S 2019 STEM & Innovation Report Card™

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Wyoming’S 2019 STEM & Innovation Report Card™ (TM) ASTRA’s 2019 STEM Innovation Vital Signs Series Wyoming’s 2019 STEM & Innovation Report Card™ What’s in This 2019 STEM & Innovation Report Card ? A Call to Action for Wyoming.....................................................p. 1 What does “STEM” Mean?.......................................................p. 1 Global R&D Spending & Wyoming’s Future.........................p. 1 Wyoming’s Innovation X-Ray: Economic Overview..................pp. 2-3 Wyoming’s Fastest Growing STEM Jobs for 2028.........................p. 4 Wyoming’s Key Economic Metrics.........................................p. 5 How the SBIR Program Benefits US Economic Growth......p. 6 The EPSCoR Program and Wyoming R&D...........................p. 7 The Every Student Succeeds Act (ESSA)............................p. 8 onal Science Foundation. i t *STEM = There’s bipartisan consensus: R&D Expenditures of Selected Countries 2000 - 2015 2 (In billions of current PPP 4 dollars) Science “Keeping America Great” means Biology, Chemistry, protecting America’s World Leadership in Marine Biology, Science, Engineering & Technology. And Physics, Science that requires maintaining federal funding for science and engineering R&D as a top budget priority. Technology Computer / Information Expanding the innovation capacity of the Systems, Game Design, U.S. is the only way to address an increas- Developer, Web / ingly difficult struggle to maintain our U.S. Software Developer standard of living, national security and global economic competitiveness. Engineering Through sustained federal, state and private Chemical, Civil, Computer, Electrical / funding, we must also invest more in research CAUSE FOR ALARM: Share of Global R&D — Electronics, Photonics, programs and science & engineering infra- U.S. Share Continues to Decline 2000 - 2015 3 General & Mechanical structure. The U.S. must significantly improve Engineering the capabilities of our science, technology, engineering, and math (STEM) workforce. Mathematics Every Student& Statistics Succeeds ActA National (ESSA) Science Foundation (NSF) study Title IV-A, Student Support and Academic Enrichment Grantsfound and thatScience/STEM 73% of Education the scientific papers cited in Accounting, Auditors, Financial commercial patents were funded by taxpayers SpecialistsCongress providedthrough $1.1 Billion for the theTitle IV-A federal grant for FY18. Eachgovernment, especially STATES state will receive anthrough allocation based universityon their Title I funding formula.research operations. 1 $1.1 Billion Using the same Title I formula, each state must allocate funds to school districts. For More Information: STEM in Your State Schools or districts that receive an allocation above $30,000 based on their Schools or districts that receive an Title I status must do a needs• assessment The Science-Engineering-Technology and spend: allocation below $30,000 Working Group (SETWG) has sponsored the annual STEM on the Hill™ Congressional 20% 20% Visits Day60% Program since 1995. See www.setcvd.org 2 - 3. Source: CRS Analysis of Organization for Economic Development & Coopera- tion, OECD Stat database, https://stats.oecd.org/Index.aspx?DataSetCode=MSTI_Pub Well rounded education Safe schools • Science &Technology* Engineering Indicators 2018, published by the Growth in R&D Expenditures for Selected 4 STEM Healthy students National ScienceMaterials/Prof Board, Dev providesSpend money ona activitiesbroad base of quantitative infor- Countries Since 2000 - 2015 Music Violence prevention Equipment/Devices in at least one of the mationThe remaining 60%on the U.S. and globalthree science categories and engineering enterprise. It Art School counselors ofis funds created can be spent bienniallyDigital Content by the National Science Foundation’s Division Physical Education Mental health on all 3 priorities, *some funding must including technology go towards tech, of Science Resourceswith a 15% cap on Statistics (SRS). See www.nsf.gov/statis- tics/2018/nsb20181/infrastructure Mar Apr May Jun Jul Aug • TheSPRING/SUMMER Congressional 2018 Research Service has produced WINTER/SPRING 2018 extensive and authoritativeSUMMER/FALL 2018 analyses of many Science & Template for LEA Plans, Districts prepare to apply for FY18 ESSA funds, DistrictsTechnology submit ESSA plans, Policy submit Issues.FY18 ESSA See Title funds www.everycrsreport. are application for funds: develop ESSA plans based on stakeholder input, application for FY18 ESSA funds (Titles I-IV) awarded to districts from SEAs prepareand release district needs assessments, and priorities andcom any competitive for ESSAfree funds access totheir this State importantDepartment of data base. Local Educational Agency (LEA) (e.g. 21st Century Community Learning Education application for FY18 ESSA Title Centers, School Leader Recruitment and funds, LEA consolidated plan Support Fund, Education Innovation and * template • ASTRA’sResearch grants). Web Sites include www.usinnovation.org. See STEM also store.usinnovation.org for free downloads of all ASTRA Funding can be used Expansion of StateSupport for STEM student ReportIntegration of otherCards academic 2019 Integration and of classroomthe ASTRA EdTech to support the wide high-quality participation in STEM subjects, including the arts, based, afterschool, and range of activities STEM courses Revolutionnonprofit competitions ininto Education. STEM subject programs Getinformal a daily, STEM instruction free download of US that are specifically 4. Source: CRS Analysis of Organization for Economic Development & Cooperation, allowed in the Increased access to Providing hands-on Creation or, enhancementour daily innovationExpansion of newsletter at https://vr2. statute to improve STEM for underserved Innovationlearning opportunities Todayof STEM specialty schools environmental OECD https://stats.oecd.org/Index.aspx?DataSetCode=MSTI_PUB Notes: Global R&D STEM teaching and and at-risk student verticalresponse.com/s/usinnovationtodaynewsletterin STEM education includes the expenditures of the OECD countries, Argentina, China, Romania, Russia, learning populations Singapore, South Africa, and Taiwan. Share computed in PPP terms. PPP = Purchas- ing Power Parity. PPP is used to determine the relative value of different currencies and Contact your district’s central office to learn more about ESSA Title IV-A funding. to adjust data from different countries to a common currency allowing direct coparisons among them. The sources of this data include a variety federal government agencies, including the U.S. Office Management & Budget and Na March 1997; 2 and 3. Sources: 1. NSF-sponsored study, © 2019 Dr. Robert S. Boege for ASTRA, The Alliance for Science & Technology Research in America www.usinnovation.org and store.usinnovation.org for free downloads of ASTRA’s State STEM & Innovation Report Cards™. STEM on the Hill™ is powered by ASTRA and EMSI data. ASTRA’s 2019 STEM Innovation Vital Signs Series Wyoming’s Innovation X-RAY: Wyoming Economic Economy Overview Overview 2019 Economy Overview 582,425 309,068 $60.9K �op�la�on (2018) �obs (2018) �edian �o�sehold �ncome (2017) �opula�on grew by 85 over the Jobs decreased by 10,744 over Median household income is last 5 years and is projected to the last 5 years but are projected $3.3K above the na�onal median grow by 1,943 over the next 5 to grow by 12,752 over the next household income of $57.7K. years. 5 years. As of 2018 the region�s popula�on increased by 0.0% since 2013, growing by 85. �opula�on is expected to increase by 0.3% between 2018 and 2023, adding 1,943. From 2013 to 2018, jobs declined by 3.4% in Wyoming from 319,812 to 309,068. This change fell short of the na�onal growth rate of 7.8% by 11.2%. As the number of jobs declined, the labor force par�cipa�on rate decreased from 65.7% to 61.5% between 2013 and 2018. �oncerning educa�onal a�ainment, 16.9% of Wyoming residents possess a Bachelor's Degree (1.7% below the na�onal average), and 10.6% hold an Associate's Degree (2.�% above the na�onal average). The top three industries in 2018 are Educa�on and Hospitals (Local Government), Restaurants and Other Ea�ng �laces, and Local Government, Excluding flat population growth to high growth Educa�on and Hospitals. © 2019 Dr. Robert S. Boege for ASTRA, The Alliance for Science & Technology Research in America www.usinnovation.org and store.usinnovation.org for free downloads of ASTRA’s State STEM & Innovation Report Cards™. STEM on the Hill™ is powered by ASTRA and EMSI data. Emsi Q1 2019 Data Set | www.economicmodeling.com 1 (TM) ASTRA’s 2019 STEM Innovation Vital Signs Series Wyoming’s Innovation X-RAY: Measuring Wyoming’s Top 20 Industries by Location Quotient (LQ) 2018 - 2028 Location quotient (LQ) is a valuable way of quantifying how concentrated a particular industry, cluster, occupation, or demographic group is in a region as compared to the nation. It can reveal what makes a particular region “unique” in comparison to the national average, which is defined as 1.0 In more exact terms, location quotient is a ratio that compares a region to a larger reference region according to some characteristic or asset. Industry LQ is a way of quantifying how “concentrated” an industry is in a region compared to a larger geographic area, such as the state or nation. The basic uses of industry LQs (and, by extension, for clusters and occupations as well) include these: • To determine which industries make the regional economy unique. • To identify the “export orientation” of an industry and identify the most export-oriented
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