Impact of $1 Trillion Defense Cut
Defense dependent U.S. jobs at risk.
Non-defense dependent U.S. jobs at risk.
Total loss of workers’ wages and salaries.
U.S. unemployment increase.
Impact to growth of GDP in 2013.
Jobs supported by the aerospace and defense industry nationwide (direct, indirect, induced).
2.14 million jobs at risk in 50 states
U.S. defense and non-defense workers threatened by the impending budget cuts known as sequestration.
1.05 million aerospace and defense jobs in 50 states
U.S. workers employed by the aerospace and defense industry.
Wages paid to U.S. aerospace and defense workers in 2010.
Estimated federal and state employee wage and corporate cash income taxes paid. (Not including taxes paid by indirect employees, nor inclusive of sales and other taxes.)
U.S. aerospace and defense sales in 2010.
Aerospace and defense export sales in 2010.
U.S. aerospace and defense trade surplus – top net exporter in our national trade balance.
Percentage of total U.S. GDP accounted for by aerospace and defense sales – more than U.S. auto industry.