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2016 Economic Impact Report - Federal Aviation …

The Economic Impact of CivilAviation on the EconomyNovember 2016 Federal AviationAdministrationContentsForewordOv erviewTrending: Air Transportation and Economic Productivity IntroductionWhat s NewWhat s Forthcoming National Impact of Civil AviationMethodologyTypes of Economic ImpactsMeasures of Economic ImpactsResultsAviation s Contribution to Gross Domestic ProductReal Change from Previous YearsConclusionAppendix Supplemental TablesGlossary of Economic Terms3471313161919192020 2425272833 American Aviation means so much for so many people. Things like safety, efficiency, freedom, adventure and commerce come to mind. Aviation accounts for more than 5% of our Gross Domestic Product, contributes $ trillion in total Economic activity and supports nearly 11 million jobs.

aviation. The FAA’s 2016 Economic Impact Report is ideal for policymakers, industry officials and universities. It offers the latest available data from 2014 on the economic benefits of passenger and cargo transportation, from activities by commercial airlines, air couriers,

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