All indicators improved during the quarter and many reached their highest level since AIA began compiling Economic Indicators back in 1997. In particular, orders surged nearly $20 billion, or 46%, to $59 billion, exports increased 30% to $19 billion, and overall sales rose 10% to $50 billion--all eight-year highs. Profits and military exports also rose to their highest level since 1999 at approximately $3 billion each. The industry continues to add workers to its payrolls; employment increased 9,000 during the quarter to its highest level in three years. Shazam!

In Billions of Current Dollars	2Q 2005	1Q 2005	% Change 1Q05 to 2Q05	2Q 2004	2004 Year-End	2003 Year-End
Aerospace Sales	49.70	$45.31	9.7%	$46.18	$184.42	$171.71
Profits	$3.09	$2.86	8.1%	$2.67	$9.50	$7.24
Orders	$58.62	$40.25	45.6%	$38.80	$164.88	$147.74
Exports--Total	$18.80	$14.44	30.2%	$14.61	$56.82	$52.50
Exports--Civil	$15.94	$12.44	28.1%	$11.82	$47.33	$44.06
Exports--Military	$2.86	$2.00	43.3%	$2.79	$9.49	$8.44
Employment (in thousands)	614	605	1.5%	589	607	583

For more information about AIA's Statistics, please contact stats@aia-aerospace.org.