Produced by: Tarun Mishra
NASA's activities added $75.6 billion to the U.S. economy in fiscal year 2023, nearly triple its $25.4 billion budget. This impact is outlined in the agency’s 400-page economic report, highlighting science, exploration, and tech investments.
NASA’s Moon to Mars initiative generated $23.8 billion in economic activity, creating 96,479 jobs. This program focuses on advancing lunar missions and preparing for Mars exploration.
Investments in climate change research and technology development contributed $7.9 billion and supported 32,900 jobs, emphasizing NASA's role in addressing global challenges.
The report specifies economic contributions by state, with 45 states seeing over $10 million in benefits, and eight states surpassing $1 billion.
NASA’s programs supported over 304,000 jobs across the U.S. These include direct NASA roles and jobs in related industries.
NASA's activities brought in approximately $9.5 billion in combined federal, state, and local tax revenue, underscoring its economic role beyond space exploration.
In 2023, NASA filed 40 patent applications, issued 69 patents, and signed thousands of software usage agreements. Many NASA tech spinoffs are now part of daily life.
NASA Administrator Bill Nelson emphasized that investing in NASA strengthens American competitiveness, fuels economic growth, and inspires future generations, highlighting NASA’s wider impact on science and innovation.