Statement from NASA’s Janet Petro on FY23 Economic Impact Report

America is returning to the Moon with our sights set on Mars, and NASA is leading the way. Along with our industry and international partners, we’re advancing scientific research, inspiring the next generation of explorers, and ensuring reliable and continuous access to space for our nation.

NASA’s Economic Impact Report for fiscal year (FY) 2023 highlights the nation’s strong return on its investment in NASA. Our missions help unveil the secrets of the universe and our home planet while also benefitting the taxpayers, communities, and industries across the country.

Here at the agency’s Kennedy Space Center in Florida, we are on track for another record-setting year of launches from our Space Coast. Recent NASA missions will tell us more about Earth’s weather and climate, explore Jupiter’s moon Europa for the ingredients of life, and enable more innovative research on the International Space Station. We’re also busy building the Artemis rockets, spacecraft, and technologies that will allow our astronauts to live and work on the Moon.

While exploring the universe for the benefit of all, NASA is also supporting the U.S. economy. During FY23, an investment of less than one-half of 1% of the federal budget, the agency generated $76 billion in total economic output nationwide.

In Florida alone, NASA activities in FY2023 supported 35,685 jobs in the state and $8.2 billion in economic output, resulting in an additional $286.6 million in state tax revenue. NASA Kennedy’s unique facilities, proven technical capabilities, and master plan enable nearly 250 partnerships with 100 private-sector partners. And the dedication and commitment of our workforce means that our spaceport remains the world’s leader in space science, human exploration, and technology development.

As we look toward a future of more exploration and discovery, I invite you to learn more about the impacts that NASA missions may have had in your life. The agency’s technology transfer initiatives transition NASA innovations into private hands, where real impacts are made. And NASA’s STEM engagements encourage research and the study of science, technology, engineering, and math at all ages.

And, of course, I hope you will learn more about the exciting work we’re doing at Earth’s premier spaceport by visiting:

www.nasa.gov/kennedy

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Images of Janet Petro are available from NASA’s image library in vertical and horizontal  formats.

Patti Bielling
Kennedy Space Center, Florida
321-501-7575
patricia.a.bielling@nasa.gov