the aerospace sector likewise generates substantial ripple effects as the income is earned and recirculated within the regional economy. An additional $2.4 billion in labor income is earned by workers in other industries statewide, or a total earnings impact of $5.8 billion in the region.

Aerospace establishments in the region generated an estimated $7.23 billion in direct output of goods and services in 2020. Overall, either directly or indirectly through multiplier effects, aerospace activity in the Greater Oklahoma City region supported the production of $11.6 billion in total output of goods and services in 2020.

The total direct and spillover effects traced to the aerospace industry are far larger in 2020 than in the 2015 report. Total employment traced to aerospace in the region increased from 67,583 to 77,105, a 14% increase over the past five years. The total labor income effect increased by more than $1.7 billion, from $4.1 billion to $5.8 billion, or a 43% increase. Total output produced by the aerospace industry increased by an estimated 42% since 2015, from $8.2 billion to $11.6 billion.

Estimates suggest that activity generated directly by the industry produced approximately $300 million in tax payments to state and local government in 2020.

The report finds that the aerospace industry in the Greater Oklahoma City region remains vibrant and has experienced considerable growth and development since the last evaluation of the sector in 2015 and suggests continued aerospace industry growth in the region going forward. To review the study in full or for more information, go to greateroklahomacity.com/aerostudy.