The Economic Impact of U.S. Civil Aviation
In this report, data from the U.S. Department of Commerce, U.S. Department of Transportation, U.S. Department of Labor, and the National Science Foundation from the years 2018–2022 are used to show civil aviation’s effects on the U.S. economy, both during and after the pandemic. The Federal Aviation Administration (FAA) also used the most recent Regional Input-Output Modeling System (RIMS II) multipliers from the Bureau of Economic Analysis (BEA) as part of the economic-impact estimates. Observations of civil aviation in 2022 include: (1) U.S. air carriers transported 853 million passengers over 948 billion revenue passenger miles (RPM); (2) more than 32 billion revenue ton-miles (RTM) of freight passed through U.S. airports; (3) civil commercial aircraft manufacturing total output was $57 billion; and (4) commercial airline operations supported $363 billion of visitor expenditures on goods and services. Overall, during 2022 the total U.S. economy generated $25.7 trillion in economic activity and supported 154 million jobs. At the same time, civil aviation directly or indirectly supported: $1.8 trillion in total economic activity, 9.4 million jobs, and contributed 4.0 percent of U.S. gross domestic product (GDP).
- Record URL:
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Corporate Authors:
Federal Aviation Administration
800 Independence Avenue, SW
Washington, DC United States 20591 - Publication Date: 2024-9
Language
- English
Media Info
- Media Type: Digital/other
- Features: Appendices; Glossary; Photos; References; Tables;
- Pagination: 28p
Subject/Index Terms
- TRT Terms: Civil aviation; Economic impacts; Jobs; Statistical trends
- Geographic Terms: United States
- Subject Areas: Aviation; Economics;
Filing Info
- Accession Number: 01936637
- Record Type: Publication
- Files: TRIS, USDOT
- Created Date: Nov 12 2024 9:14AM