South Carolina’s Aerospace Industry Trends Towards Sustainable Growth

By South Carolina Council on Competitiveness, Special for  USDR

According to two new studies released today at the SC Aerospace Conference & Expo, South Carolina’s aerospace industry is trending towards diversified and sustainable growth.  An economic impact study released by the South Carolina Council on Competitiveness shows that the impact of aerospace on South Carolina’s economy has grown to $19 billion, an increase of $2 billion since last measured in  2014.

“Our findings this year are very encouraging,” said Ann Marie Stieritz, president & CEO of the South Carolina Council on Competitiveness.  “The aerospace industry cluster continues to outpace the state average in terms of employment growth, and it continues to grow at a rate comparable to the automotive industry cluster.  This is a clear indication to us that the aerospace cluster will continue to put our state and our citizens at a competitive, economic  advantage.”