BEA is developing 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 first published in the December 2020 Survey of Current Business. The statistics were updated in January 2022 to include an additional year as well as chained (inflation-adjusted) estimates. BEA will continue to explore options for further work and extensions to these space economy statistics.

What is the Space Economy?

These statistics measure the economic contributions of both private and government ventures in space.

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