The aerospace industry employs a highly educated and skilled workforce. About 60 of its Texas employees have at least some college experience compared to 47 of all employed Texans Hegar said.
The aerospace industry also creates jobs that pay well above the statewide average with the average full-time worker earning more than $97000 per year.
During his Good for Texas Tour: Manufacturing Edition Hegar will tour facilities meet with local officials and release the results of a study the Comptrollers office recently completed examining the economic impact of the manufacturing industry.
The aerospace and other transportation equipment manufacturing subsector designs and builds aircraft missiles space vehicles and their components including engines and auxiliary parts as well as railroad equipment ships and boats motorcycles and military vehicles.
The subsector is responsible for $9.8 billion in annual exports and almost 177000 direct and indirect Texas jobs and contributes $12.9 billion to the states gross domestic product (GDP).
In all Texas manufacturers were responsible for more than 3 million direct and indirect jobs in 2016. The average annual salary for the direct jobs is nearly $74000. In 2016 Texas manufacturers exported $210.3 billion in goods and contributed $225.8 billion to the states GDP.
- Access the downloadable Media Graphics Packet and other resources at our online media center.
