V. State-Level Aerospace Markets
This section of the report provides a more comprehensive measure of the combined private and public sectors of the aerospace industry in each state. This approach allows for a more holistic comparison that captures the varied mix of aerospace activity across the states. Examining both the private and public sides of the aerospace sector highlights the critical importance of considering public sector aerospace activity in Oklahoma and many other states. When Oklahoma’s full private and public sector employment base is considered, Oklahoma ranks above several states traditionally viewed as more significant aerospace markets. Profile of the U.S. Core Private Aerospace Industry by State There is little consensus on which components of the private side of the aerospace industry should be included in comparative state-level studies. We identify a standardized group of core private aerospace sectors that capture the bulk of the private industry in each state. The private aerospace sectors are identified using both widely available federal datasets and standardized NAICS industry sectors. This approach provides ample historical data for measuring trends over time and is easily maintained going forward. Defining the Core Private Aerospace Sectors As described in the scope section of the report in Appendix 1, a comparative view of the core private aerospace industry is prepared using the following three NAICS sectors: • 3364 – Aerospace Product and Parts Manufacturing • 481 – Air Transportation • 4881 – Support Activities for Air Transportation Two of the components are 4-digit NAICS sectors (3364 and 4881) while the third (481) is a more aggregated 3-digit sector. These three core sectors provide a highly useful proxy for the overall private component of the industry, as they are believed to jointly comprise at least 90% of private aerospace activity in the U.S. and most states. Sector 3364 (Aerospace Product and Parts Manufacturing) generally represents the aerospace sector as an aircraft manufacturing and maintenance industry. Sectors 481 (Air Transportation) and 4881 (Support Activities for Air Transportation) capture the broad scope of commercial and general aviation activity including passenger air travel. The three core sectors also serve as a proxy for the industry excluding the government establishments as detailed in Figures 2 and 3 of this report.
Greater OKC Region Aerospace and Aviation - 2025
42
Made with FlippingBook - professional solution for displaying marketing and sales documents online