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- NASA's efforts in science, exploration and beyond are helping drive economic growth across America, according to an agency study. NASA's latest economic impact report reveals that its activities contributed $75.6 billion to the U.S. economy in fiscal year 2023 — about three times the agency's budget for that year, which was $25.4 billion.
Oct 24, 2024 · In its third agencywide economic impact report, NASA highlighted how its Moon to Mars activities, climate change research and technology development, and other projects generated more than $75.6 billion in economic output across all 50 states and Washington, D.C., in fiscal year 2023.
- FY 2023 Economic Impact Report - NASA
NASA’s Economic Impact in 2023. Jobs, spinoffs, technology...
- Report Quantifies NASA’s Economic Impact
A new report finds that NASA’s Moon to Mars effort is a...
- NASA Report Details How Agency Significantly Benefits US Economy
The report shows that, through all NASA activities, the...
- Report Quantifies NASA’s Far-Reaching Economic Impact
The economic impact is spread beyond NASA’s centers,...
- FY 2023 Economic Impact Report - NASA
Oct 24, 2024 · NASA’s Economic Impact in 2023. Jobs, spinoffs, technology transfer, partnerships, grants, internships and research opportunities are all part of NASA’s contribution to the U.S. economy.
17 hours ago · A new report finds that NASA’s Moon to Mars effort is a significant driver of economic activity in the U.S. Credit: NASA. Research finds that $25.4 billion budget yields $75.6 billion in economic output. For more than six decades, NASA has been at the forefront of scientific achievement, space exploration and aeronautic engineering.
Sep 25, 2020 · The report shows that, through all NASA activities, the agency generated more than $64.3 billion in total economic output during fiscal year 2019, supported more than 312,000 jobs nationwide, and generated an estimated $7 billion in federal, state, and local taxes throughout the United States.
- What does NASA do for you? NASA’s unique mission provides benefits in big and small ways. Dollars spent for space exploration create jobs, jumpstart businesses, and grow the economy.
- NASA Strengthens the Economy. Each state plays a role in space exploration and discovery, including the Artemis program to land the first woman and first person of color on the Moon.
- NASA Improves Life. NASA ensures inventions for space find practical uses closer to home. They often become solutions to different challenges – ones we didn’t set out to solve.
- NASA Fosters American Innovation. We invest in cutting-edge technologies to help maintain America’s competitive advantage. Advancements in flight thanks to NASA include commercial supersonic air travel, electric-powered flight, and improvements to air mobility.
This report organizes NASA’s socio-economic impacts into six categories and highlights important outcomes in each one. NASA invests in technology and U.S. industry. This category reflects returns from NASA’s spending on competitively important areas: technology, manufacturing, businesses and universities.
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Oct 15, 2020 · The economic impact is spread beyond NASA’s centers, however, with 28 states seeing effects of at least $10 million. “With an investment of just one-half of 1% of the federal budget, NASA generates significant total economic output annually,” Bridenstine said.
