Thanks to Ann Higgins on the heads up the Speeds Matters article on a new report on the economic impact of broadband…

A new report found that doubling broadband speed adds 0.3 percent to a nation’s gross domestic product. The report by Chalmers University of Technology of Gothenburg, Sweden, international consulting firm, Arthur D. Little, and Mobile giant Ericsson, looked at broadband speeds in 33 developed OECD nations. This may not sound like much, but in the wealthy countries this amounted to an average $126 billion, or one-seventh the average growth rate.

It helps to make the case that broadband isn’t a cost; it’s an investment.