We are proud to present to you our forecasting model for the future growth of the U.S. Aerospace & Defense Industry... We call it the Aero Indicator.
How to Read the Aero Indicator:
The reading of 98.57 for April 2013 means that, over the next six months,
the U.S. aerospace & defense industry will contract at a 1.43% annual rate
equal to 0.715% over the next six months. In other words, from April 1, 2013 - September 30, 2013,
U.S. aerospace & defense production will decrease 0.715%.
Note that within the aerospace & defense industry, the defense side of the business is currently contracting while the commercial side is growing. As a whole, the industry is currently contracting.
About the AERO Indicator: The AERO Indicator is a weighted average from a group of regression analyses of moving averages of very current aerospace commercial and defense related data, a survey measure of industrial opinions, and a daily index of stock market prices of a select number of small, medium and large aerospace companies whose business is dominated by aerospace products, parts, and services. The weighting of AERO indicator averages, indexes and surveys and the time frame used in forecasting is proprietary to Barr Group Aerospace.