Third Quarter 2000

Every aerospace indicator turned down in the third quarter. New orders, off 25% from the second quarter's record level, nevertheless totaled a respectable $39 billion. Aerospace industry sales -- in line with AIA's full-year forecast -- totaled $36 billion. Profits plunged as sales declined and margins nearly halved.

In Billions of Current Dollars	3Q 2000	2Q 2000	% Change 2Q00 to 3Q00	3Q 1999	1999 Year-End	1998 Year-End
Aerospace Sales	$36.29	$40.52	-10.4%	$36.85	$157.09	$154.61
Profits	$1.13	$2.44	-53.5%	$1.61	$10.21	$7.70
Orders	$38.82	$52.01	-25.4%	$28.02	$128.17	$124.11
Exports--Total	$12.14	$15.36	-20.9%	$14.27	$62.44	$64.07
Exports--Civil	$10.28	$13.27	-22.6%	$11.20	$50.62	$52.00
Exports--Military	$1.87	$2.09	-10.5%	$3.07	$11.82	$12.07
Employment (in thousands)	788	798	-1.3%	835	815	891

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