NASA says agency generated $75.6 billion for US economy last year

Source: Scripps News

Posted 12:39 PM, Oct 29, 2024 and last updated 12:44 PM, Oct 29, 2024


NASA released its annual economic impact showing that the agency generated $75.6 billion for the U.S. economy and supported over 304,000 jobs in 2023. The report suggests that for every $1 spent on the agency, it gave $3 in returns.

The state with the most jobs tied to NASA is California. The space agency supported 66,000 positions in the state, providing a nearly $18.6 billion boost to the state's economy. NASA also supported over 39,000 jobs in Texas and 35,000 positions in Florida. NASA's smallest output was in North Dakota, where it supported 15 jobs.

Among NASA projects, its Moon to Mars Campaign had the largest national impact and supported over 96,000 jobs and generated almost $24 billion in revenue in 2023. NASA's investment in climate change research created 32,900 jobs and generated $7.9 billion in economic output.

NASA says it has over 2,600 active partnership agreements across the world, including 587 non-federal government partners in the U.S.

Read more: https://www.scrippsnews.com/politics/nasa-says-agency-generated-75-6-billion-for-us-economy-last-year