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Sales for the U.S. Aerospace Industry Reach a Record Level
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(TEBO OPEN):
THE AEROSPACE INDUSTRIES ASSOCIATION OF AMERICA--A-I-A--RELEASED
ITS STATE-OF-THE-INDUSTRY REPORT THIS WEEK [THE WEEK OF DECEMBER
11TH]. THE REPORT REVEALS THAT AEROSPACE AND DEFENSE SALES
REACHED A RECORD LEVEL OF 184-BILLION DOLLARS IN 2006--AN
INDUSTRY-WIDE INCREASE OF 8.4-PERCENT, OVER 2005. THE INDUSTRY
ALSO HAD A 52-BILLION-DOLLAR POSITIVE FOREIGN-TRADE BALANCE--THE
LARGEST OF ANY U-S MANUFACTURING SECTOR. A-I-A PRESIDENT AND
C-E-O, JOHN DOUGLASS, EXPLAINS THAT THIS FIGURE COMES AS THE
CIVIL-AVIATION SECTOR HAD AN ESPECIALLY STRONG YEAR...
(DOUGLASS):
"ALL THREE AREAS OF AEROSPACE--DEFENSE, SPACE, AND CIVIL
AVIATION--SHOWED GAINS THIS YEAR. BUT, CIVIL-AIRCRAFT SALES WERE
REMARKABLE. WE SEE CONTINUED GROWTH IN THE INDUSTRY FOR THE
FORESEEABLE FUTURE."
(TEBO BRIDGE):
DOUGLASS ALSO EXPLAINS THE IMPACT THIS WILL HAVE ON THE NATION'S
ECONOMY...
(DOUGLASS):
"AEROSPACE IS ONE OF THE FEW U-S INDUSTRIES WITH A FOREIGN-TRADE
SURPLUS. AND, WE CONTINUE TO ADD HIGH-PAYING JOBS. WE SEE
THE INDUSTRY REMAINING A CORNERSTONE OF U-S SECURITY, PROSPERITY, AND
ECONOMIC GROWTH--WELL INTO THE FUTURE."
(TEBO CLOSE):
FOR MORE INFORMATION REGARDING THE REPORT, VISIT
W-W-W-DOT-"A-I-A"-HYPHEN-"AEROSPACE"-DOT-ORG. I'M BOB TEBO.
