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Commercialization

A New Take On The Space Economy

By Keith Cowing
December 17, 2020
Filed under

Space Economy, Bureau of Economic Analysis
“BEA has developed a preliminary set of statistics measuring the contributions of space-related industries to the overall U.S. economy. These estimates give business leaders, policymakers, and the public a new tool to analyze the space economy and to inform investment decisions. Preliminary estimates of the U.S. space economy’s GDP, gross output, private employment, and private compensation by industry were published in the December 2020 Survey of Current Business. BEA will continue to explore options for further work and extensions to these space economy statistics.”

NASA Watch founder, Explorers Club Fellow, ex-NASA, Away Teams, Journalist, Space & Astrobiology, Lapsed climber.