ECONOMIC IMPACT
"The Wrights created one of the greatest cultural forces since the development of writing, for their invention effectively became the World Wide Web of that era, bringing people, languages, ideas and values together." - Microsoft Chairman Bill Gates
"Every day, the airline industry propels the economic takeoff of our nation. It is the great enabler, knitting together all corners of the country, facilitating the movement of people and goods that is the backbone of economic growth." - Pulitzer Prize winner Daniel Yergin
The economic impact of aviation on the overall U.S. economy is significant, resulting in $1.225 trillion in economic output, $731 billion in contributions to the US Gross Domestic Product (GDP); representing 5.2% of the nation's entire GDP and accounting for close to 11 million jobs. Additionally, airports create real economic impact on the communities which they serve.
Airports plays a key role in economic development while supporting long term economic growth, which strengthen local economies. Key drivers which facilitate economic growth include:
Employment
Additional tax revenue
Increased local business sales
Supports the activities of local business
New demand for surrounding real estate
Increased productivity due to time savings and quality of life
The links below demonstrate the economic benefits throughout the United States for communities in which they serve and are based on smaller regional / non-hub airports:
The Economic Impact of Civil Aviation on the U.S. Economy
Abilene, Texas
Anchorage, Alaska
Appleton, Wisconsin
Amarillo, Texas
Atlantic City, New Jersey
Austin, Texas
Billings, Montana
Birmingham, Alabama
Brownsville, Texas
Burbank, California
Cheyenne, Wyoming
College Station, Texas
Corpus Christi, Texas
Dayton, Ohio
Daytona Beach, Florida
El Paso, Texas
Fresno, California
Fort Myers, Florida
Greenville / Spartanburg, South Carolina
Houston, Texas
Huntington, West Virginia
Huntsville, Alabama
Idaho
Jacksonville, Florida
Kalamazoo, Michigan
Key West, Florida
Laredo, Texas
Lexington, Kentucky
Lehigh Valley, Pennsylvania
Little Rock, Arkansas
Lubbock, Texas
Madison, Wisconsin
Maine
Manchester, New Hampshire
Melbourne, Florida
Mesa, Arizona
Midland, Texas
Montgomery, Alabama
Naples, Florida
New York State
Norfolk, Virginia
North Dakota
Northwest, Florida
Orlando Sanford, Florida
Pensacola, Florida
Prescott, Arizona
Pueblo, Colorado
Reno, Nevada
Rhode Island
San Antonio, Texas
Sarasota, Florida
Southwest, Florida
Spokane, Washington
St. Augustine, Florida
St. Petersburg, Florida
Tallahassee, Florida
Tucson, Arizona
Tyler, Texas
Virginia Airport System
Waco, Texas