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 provides a quantitative analysis of the extent to which commercial space transportation and enabled industries together are responsible directly and indirectly for supporting a variety of space- and non-space-related industries, thereby contributing to production and generating jobs in the United States. This report examines both the U.S. commercial launch industry and the associated industries it has enabled to calculate the full economic impact of commercial space transportation on the U.S. economy. These include launch vehicle manufacturing and services, satellite manufacturing, ground equipment manufacturing, satellite services, remote sensing, and distribution industries. This study outlines how those industries influence the economic activity, employee earnings, and number of jobs in all major U.S. industry sectors, as calculated by the U.S. Department of Commerces RIMS II economic model. This study, the third performed by FAA/AST, shows that the economic impact of commercial space transportation on the U.S. economy continues to grow. In 2004, commercial space transportation and enabled industries generated a total of nearly $98.1 billion in economic activity, over $25 billion in earnings, and over 550,000 jobs.
Economic Impact of Commercial Space Transportation on the U.S. Economy: 2004
2006
41 pages
Report
No indication
English