Report details NASA's $84 million economic impact in NC
North Carolina companies from Mount Airy to Charlotte to here in central North Carolina are involved in the Artemis Program focused on sending the first woman and next man to the Moon developing the techniques and technologies necessary to put the first humans on Mars.Posted — Updated
Joshua Drucker, one of the study’s authors, an associate professor in the Urban Planning and Policy Program at UIC earned his master’s and doctorate degrees in city and regional planning from the University of North Carolina at Chapel Hill.
While most of the 186,94 civil servants that make up NASA’s labor force are concentrated at NASA’s centers in Maryland, Texas, Virginia, Alabama and Florida, the agency’s economic impact is felt across the country.
“An investment of just one-half of 1 percent of the federal budget, NASA generates significant total economic output annually," NASA administrator Jim Bridenstine said in a statement. "This study confirms, and puts numbers to, what we have long understood — that taxpayer investment in America’s space program yields tremendous returns that strengthen our nation on several fronts — a stronger economy, advances in science and technology and improvements to humanity.”
North Carolina impact
Overall the study points to $84 million in economic impact in North Carolina. Twenty-nine percent of that comes from scientific research and development services.
This includes $27 million in contracts for goods and/services, with $12.1 million alone focused on the Moon to Mars initiative. This spending alone generated $2.8 million in tax revenues for the state and local government.
North Carolina companies from Mount Airy to Charlotte to here in central North Carolina are involved in the Artemis Program focused on sending the first woman and next man to the Moon developing the techniques and technologies necessary to put the first humans on Mars.
Copyright 2024 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.