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First Quarter 2007

As is fairly usual for the aerospace industry, most indicators took a breather in the first quarter of 2007. Sales, profits, orders, and foreign sales (i.e., exports) all dropped after racing through a record setting 2006. Still, year-over-year, the quarter’s performance was up sharply from 2006, (e.g., profits were up 21%), suggesting that the decreases are most likely a minor diversion in the industry’s overall growth trend.

Billion Dollars 1Q 2007 4Q 2006 % Change
4Q06 to 1Q07
1Q 2006 2006
Year-End
2005
Year-End
Aerospace Sales $51.71 $57.29 -9.7% $49.04 $210.19 $197.23
Profits $3.92 $4.20 -6.7% $3.34 $14.22 $12.57
Orders $63.70 $82.47 -22.8% $61.93 $239.50 $183.40
Exports--Total $22.01 $23.89 -7.9% $19.75 $85.26 $67.43
Exports--Civil $18.73 $19.42 -3.5% $16.92 $71.39 $57.23
Exports--Military $3.35 $4.47 -25.1% $2.83 $13.86 $10.21
Employment (in thousands) 635.0 633.9 0.2% 623.7 629.6 611.7

For more information about AIA's Statistics, please contact the Aerospace Research Center.


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