NOAA's Participation in WSSD|
Information on the Economic Impacts of NOAA Science
NOAA identifies, describes and measures the economic benefits and importance of NOAA's programs to the nation's economy and public well-being—for the general public, industry and policy makers. Specifically, NOAA analyzes how individuals and society use weather, climate and other environmental information; and how improvements in related products and services increase social and economic well-being.
NOAA also tracks the economic and social impacts of natural marine, atmospheric and coastal phenomenon affecting the general public. Weather and climate sensitive industries, for instance, account for nearly 25 percent of the nation's GDP. The average annual damage from tornadoes, hurricanes and floods is $11.4 billion.
NOAA also tracks contributions to U.S. income, employment and output that directly reflect the market value and human uses of resources affected by NOAA programs. One example is the nearly $28 billion added to the nation's economy from the commercial fishing industry in 2000.
Publication of the
National Oceanic & Atmospheric Administration (NOAA)
Last Updated: 8/21/02