• NASA released findings from an impact review, which found the U.S. space agency's economic output is three times the size of its annual budget.
  • "We're trying to point out just how penetrating, and almost incalculable, this [agency's] economic impact is," NASA Administrator Bill Nelson told CNBC.
  • The report found that NASA's work in fiscal year 2021 generated an economic output of over $71 billion.
Astronauts flying on SpaceX's Crew-5 mission for NASA stand in front of the agency's worm logo during a countdown dress rehearsal on Oct. 2, 2022, at Kennedy Space Center in Florida.

The National Aeronautics and Space Administration on Thursday said its annual economic output is three times the size of its yearly budget.

In a newly released study, NASA looked at fiscal year 2021, in which the agency had over 19,000 employees and a federal budget of $23.3 billion. According the report, NASA missions, research and more "generated a total economic output of more than $71.2 billion," with the agency's work supporting about 340,000 jobs in all 50 states and Washington, D.C.