Beginning in 2014, U.S. News and World Report and The Raytheon Company partnered on an ambitious project designed to provide a clear picture of STEM activity in the United States. The result was the U.S. News/Raytheon STEM Index which, similar to a stock index, compiles a multitude of various metrics into a single report.
Only in its second year, the index accounts for a plethora of data gathered from employment statistics, standardized test scores, college degree information and other sources. Using 2000 as its baseline year for measurement, the information gathered models a fifteen-year trend of STEM relevance in the U.S..
Here’s the skinny on how it’s compiled:
- Employment Index (35 percent of the overall STEM Index)
- Degrees Granted Index (20 percent)
- Advanced Placement (AP) Index (13 percent)
- High School Interest Index (11 percent)
- SAT Index (6 percent)
- ACT (A STEM Premier partner) Index (6 percent)
- National Assessment of Educational Progress (NAEP) Index (3 percent)
- Program for International Student Assessments (PISA) Index (3 percent)
- Trends in International Mathematics and Science Study (TIMSS) Index (3 percent)
We’ll delve into the STEM Index in subsequent blogs, which will provide compelling data and analysis on the state of STEM education and employment. Even better, we’ll describe how your organization can take advantage of STEM Premier’s platform to address the STEM talent gap and issues such as the persistent lack of diversity in STEM fields.
Interested in learning more about the U.S. News/Raytheon STEM Index? Check out the full methodology and how it’s compiled.