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To view this page ensure that Adobe Flash Player version 9.0.124 or greater is installed. The GA sector contributed at least $150 billion to national output in 2005 and, directly or indirectly, employed more than 1,265,000 people whose collective earnings exceeded $53 billion. It should be noted that these figures are very conservative, first, because they reflect only the economic output that likely would not have been generated if GA did not exist and, second, because the analysis was restricted to those portions of GA’s contribution for which MergeGlobal found sufficiently detailed and reliable data. As will be discussed later in this report, the estimates of GA’s economic contributions do not, by any means, include all of GA’s significant net benefits to the U.S. economy. General Aviation contributes to the U.S. economy by creating output, employment, and earnings that would not otherwise occur. Direct impacts, such as the purchase of a new aircraft, multiply as they trigger transactions and create jobs elsewhere in the economy (e.g., sales of aluminum, plastic, rubber, electronics, and the wide range of other materials and components required to make an airplane). To capture these ripple effects, MergeGlobal estimated GA’s “direct”, “indirect”, and “induced” contributions to the U.S. economy as summarized below: Table 1 General Aviation’s Contribution to the U.S. Economy In 2005 (All data except employment in $ billions) General Aviation benefits people and communities throughout the United States, and its economic contribution is significant in all regions of the country, as shown on the following page4: |
