FAA Aerospace Forecasts Fiscal Years 2001-2012
Abstract
In the publication FAA Aerospace Forecasts Fiscal Years 2001 - 2012 a number of risks were highlighted that had the potential to impact the accuracy of the short-term forecasts. Among these risks was slower growth in the U.S. economy. Subsequent to the completion of the forecasts presented in the publication, the Office of Management and Budget (0MB) issued a revised 11-year forecast for the U.S. economy, which projected significantly lower economic growth in 2001. However, the long-term U.S. economic forecasts for 2012 remain basically unchanged. The forecasts presented in these supplemental tables are based on the revised 0MB forecasts and reflect FAA's latest outlook for aviation activity and U.S. commercial air carrier traffic. Most of the impact occurred in 2001.
Document Details
- Document Type
- Technical Report
- Publication Date
- Mar 01, 2001
- Accession Number
- ADA388085
Entities
Organizations
- Federal Aviation Administration