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Boeing "is the largest U.S. goods exporter" and represents, pre 737-MAX fallout, about 5% of the US GDP. This might come as a surprise to east-coasters as for m
by hadlock 6y ago
Boeing "is the largest U.S. goods exporter" and represents, pre 737-MAX fallout, about 5% of the US GDP. This might come as a surprise to east-coasters as for most of their existence they were based out of Seattle, and only recently moved their HQ to Chicago. Boeing sells a lot of civilian airplanes, but depending on the year/conflict 35-49% of Boeing's income comes from arms sales, either jets, cruise missiles, spy satellites or what have you. Boeing's manufacturing capacity plays a significant role in US wartime capability. Between Boeing and Weyerhaeuser, those two companies (and their cottage industries) prop up the lion's share of Washington State's economy, or at least it did pre-Microsoft/Intel/Amazon