The self-employed air transport sector in the US saw notable fluctuations from 2013 to 2023, with values expressed in thousand units (jobs). In 2023, it stood at 4.0 thousand units, reflecting a 20% year-on-year decline. Over the last two years, this sector experienced a 16.67% drop in 2022 and a 20% decrease in 2023, illustrating volatility. The five-year CAGR from 2018 to 2023 averages at 5.92%, indicating moderate growth amid ups and downs.
Looking to the future, the forecasted data suggests a stable growth trajectory for the sector, with a projected five-year CAGR of 4.56% and a cumulative growth rate of 25% by 2028. Industry observers should watch for trends in technological advancements, regulatory changes, and shifts in market demand that could affect self-employment in air transport.
