AIA Statistics- Economic Indicators

Second Quarter 2006

As could be expected given the volume of orders placed last year and during the first quarter of 2006, second quarter orders declined. At $54 billion, orders topped sales meaning that the backlog of unfilled orders continued to grow. Export sales also increased-up 5% to nearly $21 billion-and employment steadily climbed too. Overall sales rose 6.8% to $52 billion-about $0.5 billion shy of the record set last year; unfortunately, costs must also have risen as profit declined 14% to a strong $2.9 billion. All in all, while some indicators declined, all are robust.

In Billions of Current Dollars	2Q 2006	1Q 2006	% Change 1Q06 to 2Q06	2Q 2005	2005 Year-End	2004 Year-End
Aerospace Sales	$51.64	$49.04	5.3%	$50.18	$197.23	$184.42
Profits	$3.79	$3.43	13.5%	$3.14	$12.57	$9.50
Orders	$58.65	$61.93	-5.3%	$59.74	$219.41	$143.92
Exports--Total	$20.84	$19.75	5.5%	$18.80	$67.43	$56.82
Exports--Civil	$17.00	$16.92	0.5%	$15.94	$57.23	$47.33
Exports--Military	$3.84	$2.83	35.7%	$2.86	$10.21	$9.49
Employment (in thousands)	635	626	1.4%	614	625	605

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