Perhaps anticipating budget pushback from the federal government, NASA has released its first ever agency-wide economic report, documenting the agency’s impact on the nation’s jobs and cash flow. Everyone knew NASA was impactful, but now we know exactly how impactful it is, some $64 billion and over 300,000 jobs worth in FY2019.
It seems clear that the 2,670-page report is meant to show just how valuable the agency is to the country, and how it’s very much an investment in the economy and not, as some suggest, a hole we throw money into and pull science out of. The major points it makes are these:
- NASA itself employs more than 18,000 civil servants, but 17 additional jobs in the economy are “supported” (of this later) for every full-timer at the agency, for a total of around 312,000 total jobs.
- NASA supports almost $24 billion in labor income yearly, as well