Aerospace manufacturing company study conducted on the importance of the aerospace industry, the panel of leaders who released the report noted that a strong aerospace is very important in order to enable the country to defend itself, compete in the global market, provide for the stability of Americans as well as maintain a group of highly skilled work force. An excellent aerospace industry will ascertain the security of travel for citizens wherever they may go in the world. The data provided assisted the policymakers as well as the public in understanding the economic stakes which are at hand as the commercial aerospace industry is facing sets of challenges in the market force, foreign competition and homeland security.
The report released to the public showed that the air transport segment in the aviation and aerospace industry was the leading employer in the industry with over 1.3 million jobs in the year 2001. The air transportation workers earned at least $40,000 annually. The leading centers in the employment of aviation were Texas, California, Florida, Illinois and New York. The study also showed that parts and aircraft manufacturing employed about 460,000 workers with an average annual salary of about $57,000. The leading regions that manufactured aircraft and parts were in Kansas, Washington, California and Connecticut. The significance of the study and its analysis lies in the importance of the aviation and aerospace industry to the economic health in every state economy. Washington, California and Texas lead by most aviation and aerospace metrics. At the same time, the report would demonstrate that Arizona, Alabama, Kansas and Georgia are home to strong industry cluster which is a fact that you might find surprising.
The statistical data in the study included pertinent aviation and aerospace work force and economic impact data for metropolitan areas in the US including Los Angeles, Seattle, Dallas, Phoenix, Atlanta, Boston, New York, Chicago and Wichita. The statistics provided comes for the Bureau of Labor Statistics. The offside is that the study does not measure additional jobs which are generated by the aviation and aerospace in localities and states. For example, the employees in the food service, fire service jobs and security services in airports or NASA centers are not included in the data generated. The analysis though include military suppliers, however, it does include military workers stationed at facilities like the US Navy aviation bases and the US Air Force. However, it is recognized that those jobs are vital to the economy of the country as well as to its defense structure and are all dependent on the existence of the US industry for aerospace. While the figures being shown to the public are provided by the government and are deemed to be the latest official data, it does not really reflect the significant downturn of the aerospace industry since the acts of terrorism on the World Trade Center on September 11, 2001.