Google releases economic impact data

Google said that its search and advertising tools generated $94 billion of economic activity in the United States in 2012.

Going a bit more granular, Google said that it generated $640 million of economic activity in Washington, DC alone for businesses, Web site publishers and non-profits last year. The company also noted that it provided around $27.5 million in free advertising to non-profits through the Google Grants program. In its calculation, Google includes the impact of Google Search, AdWords, AdSense and Google Grants.