Core Private Sector Growth Using the above definition for the three core private aerospace sectors, Figure 12 provides a long-run view of the number of establishments, employment, and total wages in the private aerospace sector in Oklahoma since 1990. 13 The state’s private aerospace sector continues to closely follow the national trend over time. 13 Data are annual averages derived primarily from the Bureau of Labor Statistics Quarterly Census of Employment and Wages (QCEW) program. Where QCEW data is suppressed, estimates are informed by data in the Census County Business Patterns survey and raked to match national totals. Other potential components of the aerospace industry are excluded because of their small relative size but do not affect the state rankings in a meaningful way. Greater OKC Region Aerospace Industry – 2025
Figure 12. U.S. & Oklahoma Private Aerospace Sector (1990-2024) a) Number of Establishments
500
25,000
21,477
400
20,000
417
300
15,000
200
10,000
Oklahoma U.S.
100
5,000
0
0
90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22 24
b) Wage & Salary Employment
25,000
1,500,000
1,386,495
20,000
1,200,000
19,441
15,000
900,000
10,000
600,000
Oklahoma U.S.
5,000
300,000
0
0
90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22 24
c) Total Annual Wages ($Billions)
1.84 0.0 0.3 0.6 0.9 1.2 1.5 1.8 2.1 2.4 90 92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22 24 Oklahoma U.S. 152.04
100 120 140 160
0 20 40 60 80
Notes: Employment data are annual averages of monthly data on a calendar year basis. Data for 2024 includes the 2023Q4 to 2024Q3 period, the most recently available four quarters of data. Source: Bureau of Labor Statistics and RegionTrack tabulations
33
Greater OKC Region Aerospace and Aviation - 2025
43
Made with FlippingBook - professional solution for displaying marketing and sales documents online