Study: Aerospace in SC has $19 Billion Impact
COLUMBIA, S.C. (AP) – A new study shows that the growing aerospace industry in South Carolina now pumps $19 billion into the state’s economy.
Media outlets report that the study was conducted by University of South Carolina research economist Joey Von Nessen.
Currently about 100,000 jobs are tied to the aerospace industry. Private-sector aerospace workers make about $70,000 a year – almost 70 percent more than the average wage paid in South Carolina.
The impact of the industry has grown by about $2 billion since Von Nessen last studied the aerospace sector of the economy two years ago.
Boeing assembles its 787 Dreamliner aircraft in North Charleston.