NASA generated $76 billion for US economy in 2023, report says

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NASA’s efforts in science, exploration and beyond are helping drive economic growth across America, according to an agency study.

NASA’s latest economic impact report reveals that its activities contributed $75.6 billion to the U.S. economy in fiscal year 2023 — about three times the agency’s budget for that year, which was $25.4 billion. The 400-page study breaks down how NASA activities — such as its Moon to Mars initiative, climate change research, technology development and more — generate economic output.

The Moon to Mars program alone created $23.8 billion in economic output and 96,479 jobs, while investments in climate research and technology contributed $7.9 billion and 32,900 jobs.

The report also drills down into impacts in each state, with 45 states seeing over $10 million in impact and eight states surpassing the $1 billion mark.


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

Nelson emphasized that investing in NASA fuels economic growth, scientific progress and American leadership globally.

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NASA’s missions supported 304,803 jobs across America, according to the report — the third agency-wide study of its kind — generating an estimated total of $9.5 billion in federal, state, and local taxes. 

Additionally, NASA’s technological innovations and transfers in 2023 led to 40 new patent applications, 69 patents issued, and thousands of software usage agreements. A number of NASA technology spinoffs have become everyday household items. 

The full NASA economic impact report can be found here.