Aerospace Industries Association
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Fourth Quarter 2001

Employment fell sharply in the fourth quarter--down 28,000 ending the year at 767,000. Profits also plummeted--off 29% despite rising sales and exports. Largely reflecting DoD's JSF contract award in October, orders jumped 51%.

In Billions of Current Dollars 4Q 2001 3Q 2001 % Change
3Q01 to 4Q01
4Q 2000 2001
Year-End
2000
Year-End
Aerospace Sales $45.25 $44.60 6.2% $42.80 $169.36 $154.88
Profits $0.85 $1.18 -28.5% $1.44 $6.57 $7.26
Orders $43.31 $28.62 51.3% $53.53 $152.01 $184.34
Exports--Total $13.94 $13.56 2.8% $14.31 $58.51 $54.68
Exports--Civil $11.67 $11.06 5.6% $11.90 $49.37 $45.57
Exports--Military $2.26 $2.50 -9.5% $2.41 $9.14 $9.11
Employment (in thousands) 779 795 -2.1% 796 767 799

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


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