Orders and military exports grew in the third quarter of 2002, while all other indicators declined. Orders rebounded strongly (albeit from the lowest level in three years) and military exports increased 12%. Overall exports declined 4%--pulled down by a $1 billion decrease in civil exports. Total sales also declined slightly, but profits fell 20%. Employment continued its year-long decline. Employment now stands at the lowest level in at least five-decades!

In Billions of Current Dollars	3Q 2002	2Q 2002	% Change 2Q02 to 3Q02	3Q 2001	2001 Year-End	2000 Year-End
Aerospace Sales	$40.40	$40.83	-1.1%	$42.46	$168.76	$154.88
Profits	$2.15	$2.67	-19.7%	$1.18	$6.57	$7.26
Orders	$36.37	$25.81	40.9%	$28.62	$152.01	$184.34
Exports--Total	$14.12	$14.73	-4.1%	$13.56	$58.51	$54.68
Exports--Civil	$11.63	$12.50	-6.9%	$11.06	$49.37	$45.57
Exports--Military	$2.49	$2.23	11.8%	$2.50	$9.14	$9.11
Employment (in thousands)	708	718	-1.4%	795	774	799

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