NASA’s Economic Benefit Reaches All 50 States

NASA released the results of its second agencywide economic impact report on Thursday, demonstrating how its Moon to Mars activities, investments in climate change research and technology, as well as other work generated more than $71.2 billion in total economic output during fiscal year 2021.

Combined, NASA’s impact supported more than 339,600 jobs nationwide, and generated nearly $7.7 billion in federal, state, and local taxes throughout the United States.

“Investment in NASA’s missions is an investment in American workers, American innovation, and American competitiveness for the 21st century. NASA is positioning our partners in commercial space and the national economy to win the future of spaceflight in 21st century as we prepare to return astronauts to the Moon, and then go on to Mars,” said NASA Administrator Bill Nelson. “While our work will always push the limits throughout the cosmos, it also strengthens the planet beneath our feet. NASA partners with small businesses, industry, academia, and other government agencies to address engineering challenges, and to transfer out our technologies, capabilities, and data all for public benefit here on Earth. NASA may be a small federal agency, but we punch above our weight, fueling growth in American industry with good-paying, quality jobs in all 50 states and maintaining our leadership in space and science.”

The study found NASA’s Moon to Mars exploration approach generated more than $20.1 billion in total economic output and supported more than 93,700 jobs nationwide. For investments in climate research and technology, the agency’s activities generated more than $7.4 billion in total economic output and supported more than 37,000 jobs nationwide.

Additional key findings of the study include:

The study was conducted by the Nathalie P. Voorhees Center for Neighborhood and Community Improvement at the University of Illinois at Chicago.

See a summary of the report:

https://go.nasa.gov/3gQIFuJ

To review the full study visit:

https://go.nasa.gov/3Fj4MnC

Exit mobile version