Greater OKC Region Aerospace Industry – 2025
It is important to note that the three core NAICS sectors (3364, 481, and 4881) are clearly not the only sectors comprising the aerospace sector. Numerous other NAICS sectors are widely recognized as serving a direct role in aerospace and include: NAICS 333314: Optical Instruments NAICS 334511: Search and Detection Instrument Manufacturing NAICS 336360: Seating and Trim NAICS 423860: Wholesale Trade – Transportation Parts NAICS 441228: Aircraft Sales NAICS 532411: Aircraft Rental and Leasing NAICS 611512: Flight Training NAICS 611519: Air Traffic Control Schools NAICS 115112: Aerial Spraying NAICS 424720: Wholesale Trade – Petroleum Most of these sectors are included in the comprehensive database and industry profile prepared for the Greater Oklahoma City region. However, they are excluded from the state-level industry comparisons for two reasons: 1) the industries, even when combined, are quite small relative to the core sectors, and 2) state-level data for these sectors are often suppressed in federal economic databases. Because these sectors are typically quite small relative to the three core sectors, they are believed to have little influence on the resulting state-level comparisons and rankings. Combined, the excluded sectors typically account for far less than 10% of direct employment within the broader aerospace and aviation industry. In most states, they account for less than 5% of total employment in the industry. Because of suppression in federal databases, using these industries would require either forming estimates for each sector in each state or using the same firm-level approach used in the Greater Oklahoma City region for each region. The first approach introduces considerable uncertainty into the state level comparisons while the second is cost prohibitive.
68
Made with FlippingBook - professional solution for displaying marketing and sales documents online