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Fri, Oct 25, 2024

NASA Activities Drive $75.6 Billion In U.S. Economic Output

Attributed To Moon To Mars Exploration, Research And Tech Development

A study conducted for NASA recently by the Nathalie P. Voorhees Center for Neighborhood and Community Improvement at the University of Illinois at Chicago revealed that America’s space agency has produced $75.6 billion in total economic output across every state in the country.

Every state in the union received some economic impact from NASA’s activities, with 45 states having a $10 million benefit and 8 of those states having $1 billion or more in economic output. Combined, NASA’s missions supported 304,803 jobs nationwide, generating $9.5 billion in federal, state, and local taxes across the country.

The agency’s Moon to Mars activities and missions generated $23.8 billion in total economic output while supporting 96,479 jobs. Research and technology development related to climate research generated $7.9 billion in economic output and supported 32,900 jobs in the U.S.

NASA Administrator Bill Nelson commented, “To invest in NASA is to invest in American workers, American innovation, the American economy, and American economic competitiveness. Our work doesn’t just expand our understanding of the universe — it fuels economic growth, inspires future generations, and improves our quality of life.

“As we embark on the next great chapter of exploration, we are proud to help power economic strength, job creation, scientific progress, and American leadership on Earth, in the skies, and in the stars.”

FMI:  www.nasa.gov/

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