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.
- Estimating the United States Space Economy Using Input-Output Frameworks Space Policy, January 2022
- Exploring the Space Economy The BEA Wire, February 2020
- Measuring the Value of the U.S. Space Economy Survey of Current Business, December 2019
- Measuring the U.S. Space Economy BEA Advisory Committee Meeting, May 2022
- Webinar on the Space Economy Satellite Account
- Slides from Space Economy Webinar
- How do BEA's estimates of the space economy compare to industry economic impact reports?
- What are current-dollar estimates?
- What is the role of wholesale trade in the space economy?
- Where is research and development (R&D) in the space economy statistics?
- What is a satellite account?
- What is gross output by industry and how does it differ from gross domestic product (or value added) by industry?
- Preliminary Estimates of the U.S. Space Economy, 2012-2018 Survey of Current Business, December 2020
- Preliminary U.S. Space Economy Data, 2012-2018 (XLSX)
What is the Space Economy?
These statistics measure the economic contributions of both private and government ventures in space.
Contact Personnel
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Space EconomyTina Highfill
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MediaConnie O'Connell