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1083. Aerospace Industry--Net Profits After Taxes
[For calendar year (1,091 represents $1,091,000,000). Minus sign (-) indicates loss]
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Aerospace industry profits
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All manufacturing corporations profits
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as a percent of
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Year
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As a percent of
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Total
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(Mil. dol.)
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Sales
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Assets
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Equity
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Sales
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Assets
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Equity
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1,091
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3.4
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4.7
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12.8
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5.4
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7.5
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14.0
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1977
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1,427
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4.2
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5.7
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14.9
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5.3
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7.6
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14.2
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1978
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1,816
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4.4
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5.5
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15.7
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5.4
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7.8
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15.0
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1979
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2,614
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5.0
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6.3
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18.4
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5.7
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8.4
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16.5
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1980
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2,588
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4.3
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5.2
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16.0
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4.8
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6.9
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13.9
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1981
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2,966
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4.4
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5.2
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16.0
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4.7
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6.7
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13.6
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1982
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2,193
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3.3
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3.7
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12.0
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3.5
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4.5
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9.2
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1983
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2,829
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3.5
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4.1
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12.1
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4.1
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5.1
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10.5
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1984
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3,639
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4.1
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4.7
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14.1
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4.6
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6.0
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12.5
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1985
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3,274
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3.1
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3.6
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11.1
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3.8
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4.6
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10.1
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1986
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3,093
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2.8
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3.1
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9.4
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3.7
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4.2
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9.5
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1987
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4,582
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4.1
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4.4
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14.6
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4.9
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5.6
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12.8
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1988
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4,883
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4.3
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4.4
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14.9
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6.0
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6.9
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16.2
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1989
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3,866
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3.3
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3.3
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10.7
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5.0
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5.6
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13.7
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1990
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4,487
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3.4
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3.4
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11.5
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4.0
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4.3
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10.7
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1991
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2,484
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1.8
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1.9
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6.1
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2.5
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2.6
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6.4
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1992
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-1,836
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-1.4
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-1.2
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-5.2
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1.0
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1.0
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2.6
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1993
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4,621
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3.6
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3.5
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13.2
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2.8
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2.9
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8.1
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1994
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5,655
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4.7
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4.3
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14.8
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5.4
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5.8
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15.6
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1995
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4,633
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3.8
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3.5
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11.1
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5.7
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6.2
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16.2
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1996
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7,150
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5.6
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5.1
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17.1
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6.0
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6.5
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16.8
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1997
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7,221
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5.2
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4.8
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17.3
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6.2
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6.6
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16.6
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1998
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7,701
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5.0
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4.8
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18.0
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6.0
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6.1
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15.7
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1999, prel.
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2
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10,800
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6.7
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6.7
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23.8
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6.3
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6.2
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16.8
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1 Reflects unusually large nonoperating expenses totalling $3.4 billion in 1991 and $8.7 billion in 1992 due to the initial implementation of a change in accounting for
future retirementbenefit costs and defense-downsizing restructuring charges. Manylarge aerospace corporations chose to write off against first quarterearnings amounts required to comply
with FASB 106.
2 Includes nonoperating income totaling an estimated $5.7 billion.
Source: Aerospace Industries Association of America, Washington, DC, 1999 Year-end Review and Forecast, Internetsite
http://www.aia-aerospace.org
https://allcountries.org/uscensus/1083_aerospace_industry_net_profits_after_taxes.html
These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.
Copyright © 2019 Photius Coutsoukis and Information Technology Associates, all rights reserved.
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