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The Economic Impact of Civil Aviation on the U.S. Economy

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.

productivity important? Economy-wide, real productivity measures how efficiently an economy is producing output. Positive real productivity growth means a country is producing more output with the same levels of inputs or producing the same level of output with fewer inputs. This is an indicator of a higher standard of living. At an industry

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