2022 Federal Broadband Funding Report: Investing in Internet For All

The FY21 Federal Broadband Funding Report includes A) a description of how many residents of the United States were provided broadband by which universal service mechanism or which federal broadband support program and B) an estimate of the economic impact of such broadband deployment efforts on local economies, including any effect on small businesses or jobs. There are four key findings:

1. Appropriated funding investments in broadband increased substantially exceeding FY20 funding by 694% (or $11.8 billion).
2. A more comprehensive look at broadband investments comes into view with the important inclusion of Tribal data from five agencies.
3. In the second year of reported activity, a higher percentage of outlayed funding goes towards digital inclusion or adoption.
4. NTIA defined a foundational architecture for assessing economic impacts. Early inputs into this model project broadband investments could add $140 billion to the US rural economy and improve small business survival rates by 30%.