What percentage of the American economy does the auto industry make up? The airline industry?

September 9, 2009 by admin · 1 Comment
Filed under: Economics 
auto
blackknight8503 asked:


I am writing a paper for my Sociology class about what would happen if cars were eliminated tomorrow. I need to know how many Americans are employed by the auto industry and all associated industries so I can put accurate numbers into my paper and have a good idea how many people would become unemployed. Also, please include the source with your answer.

http://www.autostires.com/blog/

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One Response to “What percentage of the American economy does the auto industry make up? The airline industry?”
  1. SeriousCat ^-.-^ says:

    + Automobile Industry:

    As of 2004, the US automobile industry is worth US$424 billion, or 3.64% of the US economy.

    As of 2005, the US automobile industry employs 1.1 million domestic employees.

    As of 2006, the US automobile industry produces 1.26 million automobiles per annum.

    + Airline Industry:

    As of 2006, the US airline industry is worth US$163.8 billion, or 0.000004% of the US economy.

    As of 2006, the US airline industry employs 544, 540 domestic employees.

    Note: Figures are usually hard to obtain as they are commercially sensitive information that is not usually given voluntarily by the automotive industry. All statistics shown are the latest available, please understand that it takes years to collate and process such vast amounts of data.

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