NASA economic impact (and budget history)

NASA's budget makes up less than 0.4% of total US spending

NASA's annual budget consists mainly of human spaceflight activities (50%) and robotics and scientific research programs (30%). It peaked at almost $70B in 1964 but has been below $30B since 1995, coming from discretionary nondefense funds.

NASA and SpaceX combine public support and funding with private enterprise

Rather than competitors, SpaceX and NASA are mutually beneficial collaborators. Without NASA contracts, SpaceX may have run out of funding, and without the low-cost tech of SpaceX, NASA may have been left without a US-based launch system.

NASA was created in 1958 in the wake of the Sputnik 1 launch

The launch of Sputnik 1 in 1957 jolted US political leaders, who urgently consulted scientists and defense experts on how to respond. Concerns about Soviet technological dominance—and the promise of civilian space applications—led directly to NASA’s creation in 1958.

What does NASA do besides space?

Although its splashiest accomplishments are the ones taking place in outer space, NASA actually does a lot more than space exploration. The federal administration also conducts intensive research on the interconnected systems of the Earth, from studies of the atmosphere and oceans to research into the composition of the planet's interior. See what NASA is discovering about our home planet here.

How the National Science Foundation supports the US economy

The NSF has filled funding gaps in the research and development of products developed in the private sector, particularly when the research requires more than three years to complete. These investments, including in startups such as Qualcomm and Symantec, have supported job creation, generated economic returns, and helped build the technologies many industries rely upon, such as the internet.

A financial analysis of space trash cleanup strategies identified long-term benefits

Despite significant initial costs, a NASA report found that removing small debris would provide savings from preventing mission-ending damage, which would offset expenses within a decade. Financial benefits would also come from using less fuel for maneuvers to avoid collisions with debris.

Visualizing the AI investment wave

This data visualization from Reuters shows how massive AI investment has become by December 2025—revealing that, in today’s dollars, spending has surpassed the combined total of the Apollo program and the Manhattan Project.

Ten everyday NASA inventions (likely) in your home

As a public agency, NASA's goals aren't just in space, but for life on Earth, too. That's why so many everyday objects including memory foam, cordless tools, and golf balls are rooted in research first developed by space-faring engineers and scientists. Peruse this quirky list of some of those everyday objects destined for space that are also probably somewhere inside your home.

CES has brought more than $6B in economic impact to Las Vegas since 1978

Since moving to Las Vegas in 1978, CES has attracted nearly 5 million attendees and generated more than $6B in local economic impact—boosting hotels, restaurants, transportation, and the city’s global profile.

Discover the economic value of coral reefs, which benefit one billion people worldwide

The National Oceanographic and Atmospheric Administration estimates that US commercial and recreational fisheries valued at $200M depend on coral reefs, which provide up to $1.8B in flood protection by absorbing 97% of wave energy. Combined with the benefits from tourism, US coral reefs provide $3.4B in value annually.

Immigrants generated about $1.7T in economic activity in 2023 and paid roughly $652B in taxes

This economic output surpasses their 14.3% share of the US population, and their labor force participation rate of nearly 67% is higher than the approximately 62% rate for US-born workers.

Advertising-related activity may have supported roughly one in five American jobs as of 2024

That’s according to a study commissioned by The Advertising Coalition, conducted by S&P Global Market Intelligence, which also found that the advertising industry powered more than 20% of total US economic output at the time.

Government shutdowns can cost the US economy billions

The Congressional Budget Office estimated that the 2018-19 shutdown reduced economic output by about $11B, including a permanent loss of roughly $3B

Mardi Gras has an annual economic impact of nearly $900M

Tulane University's Toni Weiss studies Mardi Gras' effect on New Orleans. Her study of the 2023 parade found that the event generated approximately $891M for the local economy. Weiss also found that the money that the city spent about $10M on the parade (for security, sanitation, and more) but earned a net fiscal benefit of $28M.

The global creator economy is worth roughly $250B

That number is derived from multiple sources (such as brand deals and affiliate links), and the projections for how much the creator economy will be worth in the future are even more complicated.

Calculate how much of your tax dollars go to each federal program based on your income, filing status, and number of children

In 2024, the US committed about $82.3B to foreign aid.

That year, 67.2% of foreign aid was for economic purposes, and the remaining 32.8% was for military purposes. Israel received more US foreign aid than any other country in 2024.

The USPS spent $3.97B in 2024, accounting for .058% of the federal budget.

Nearly 3 million people fly in and out of US airports every day

However, not all of those passengers generate revenue for the airlines they purchase their tickets from. One business class traveler typically pays for five to six economy travelers. That's partly because airlines measure profit by the square foot, and although a business class seat is usually roughly 30% roomier than economy seats, the business class traveler usually pays about three times as much as someone sitting in economy.

Student debt has a widespread economic impact

Student debt is no different than the big rent or car payment that comes out of someone’s paycheck every month: Its presence affects that household’s purchasing power. Multiply that household by the 43 million Americans who had outstanding federal loan debt in September 2023, and student debt’s impact becomes considerable.

Evaluating college endowment returns

According to a new study, US college and university endowments achieved an average net return of 11.2% in fiscal year 2024. Harvard University maintained its position as the largest endowment, valued at $53.2B. Read this Forbes article to learn more about how institutions manage and grow their financial resources through endowments.

People spent more than a billion hours visiting national park sites in 2025

Overall, the National Park Service reported 323 million visits for the calendar year, with 26 parks reporting record years. Here's how that broke down by type of site:

Here's how much money Americans spend on Halloween

In 2024, Americans are expected to spend more than $11B on Halloween, which averages out to roughly $104 per person, according to the National Retail Federation's Halloween Spending Survey, conducted by Prosper Insights & Analytics. That $11B number includes an anticipated almost $4B spent on costumes. See the full breakdown here.

The potential for weight loss drugs to transform the economy

In 2023, Americans spent more than $50B on weight loss drugs, a number expected to triple by the end of the decade. However, because of the wide range of obesity-linked health issues, widespread adoption of the treatments could transform the wider economy.

The 2021 infrastructure law increased transit spending 42%, but may not have produced more transit

The infrastructure bill committed $108B to transit, the largest investment in history. However, three years in, real inflation-adjusted investment has declined. An 84% increase in non-highway spending coincided with a potential 29% decrease in actual structures, most likely due to construction inflation and bureaucratic delays.

It cost the IRS $0.36 to collect $100 in 2024

It costs the IRS a significant amount of money to do part of its job—collecting money. For instance, the Internal Revenue Service spent $16.1B to collect $4.7T in taxes in 2023.

Technological advancements are historically deflationary

Technological innovation can drive down costs and prices for businesses, which can increase real wages for employees. As a result, people have more money to spend and demand increases.

SpaceX's S-1 or 'prospectus' revealed many previously unknown details about the company, including its unprofitability despite doing $18.7B in revenue in 2025, exactly how many voting shares Elon Musk will have in the company (roughly 85%), and more.

Roughly 43 million US borrowers owe roughly $1.7T in student debt, the second-largest source of consumer debt behind mortgages.

Before the current East Wing ballroom project, only two White House renovations in the past 100 years cost more than $10M.

The US dollar is the most widely circulated currency in the world, and is involved in nearly 90% of global transactions

Explore the known asteroids, comets, and spacecraft involved in asteroid studies within our solar system with 'Eyes on Asteroids,' a 3D visualization from NASA.

About 2,000 US babies are born annually without some portion of their limbs, potentially leading to a lifetime of pricey prosthetics.

The American Society of Civil Engineers' infrastructure report card gave the US a C in 2025, its highest grade since the project launched in 1998.

Astronauts have repaired genetic damage in space using CRISPR—a molecular tool that can make precise changes to DNA and is used in single-celled organisms to attack invasive viruses.

The Nasdaq's 'Magnificent 7' companies are responsible for roughly 40% of the Nasdaq 100 index's gains, while the remaining 93 companies account for the other 60%.

Jimmy Carter signed a 1978 bill that legalized home brewing, a move credited with kick-starting the craft beer industry.

As of 2025, the most cited papers in science include a review of graphene, methods to improve image recognition, streamlining electron density calculations, and optimizing protein studies.

Experimental hantavirus vaccines and therapies, still under development, have long been funded by the US military.

The most expensive ad of all time was for Chanel No. 5 perfume and cost roughly $33M to produce in 2004—about $57M in today's dollars.

Fireworks-related ER visits are on the rise—in 2024, they increased by 52% as compared to the prior year.

How fusion—which releases energy when two lighter atoms combine to form a heavier atom—differs from fission

While the sun's gravity keeps the planets in orbit, their gravity also pulls on the sun, causing it and everything else in the solar system to orbit around a mutual balance point called the barycenter—the true center of the solar system.

Up to a million Girl Scouts sell about 200 million cookie boxes every spring, generating $800 million, largely because refusing a child is frowned upon

Stanford built a Google Maps for the Roman Empire, revealing how much it cost to travel in the ancient world

Researchers believe the brain consolidates memories, processes emotions, and plans for the future during dream states

The 1987 Nintendo video game 'Stadium Events' isn't known for being particularly fun, but its scarcity has made it a highly sought-after item that has sold for up to $35K at auction.

Scientists can determine Earth's past climate conditions by analyzing air trapped in microscopic bubbles within ice cores—columns of compressed snow layers that build up over hundreds of thousands of years.

Art theft is the third-largest source of criminal revenues worldwide, thanks in part to the subjective nature of valuing a work of art.

Louisiana's 'Cancer Alley' is infamous for having some of the highest industrial pollution, toxic air emissions, and cancer risks in the US.