Economic Impact

Key Economic Impact Statistics

  • Our exceptional workforce helped propel the sector to one of the best years on record. A&D accounted for $909 billion in sales in 2019, up 6.7% from the prior year.

 

  • End-use manufacturers accounted for 56% of total sales while the industry’s supply chain accounted for the remaining 44% of sales.

 

  • The total industry sales revenue left a significant footprint on the American economy, contributing to a combined economic value of $396 billion that represented 1.8% of total U.S. GDP.

Additional Resources