The Economic Impact of Commercial Space Transportation on the U.S. Economy is the latest study by the Federal Aviation Administrations Office of Commercial Space Transportation (FAA/AST) of the commercial launch industrys influence on the nations economy. It quantifies how commercial space transportation is responsible for supporting space- and non-spacerelated industries. The associated industries that commercial space transportation enables include launch vehicle manufacturing, satellite manufacturing, ground equipment manufacturing, satellite services, remote sensing, and distribution industries. Together these industries contribute to production activity, create earnings, and support jobs throughout the United States. The U.S. Department of Commerces RIMS II economic model is combined with Satellite Industry Association revenue inputs to calculate how the industries influence the three impact metrics in all major U.S. industry groups. In 2006, commercial space transportation and enabled industries generated a total of $139.3 billion in economic activity, $35.7 billion in earnings, and supported over 729,000 jobs throughout the U.S. economy.1 These results show that the economic impact of commercial space transportation on the U.S. economy has grown. Figure E1 compares these results with three similar studies published in 2001, 2004, and 2006. These studies measured the economic impact of the same industries in 1999, 2002, and 2004, respectively. All three of the impact measures increased in 2006 relative to 2004. The increase is primarily caused by growth in enabled industry activity, particularly satellite services.


    Access

    Access via TIB

    Check availability in my library


    Export, share and cite



    Title :

    Economic Impact of Commercial Space Transportation on the U.S. Economy


    Publication date :

    2008


    Size :

    40 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English