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February 28, 2007

NASA Public Affairs Office
Stennis Space Center, MS 39529-6000
228-688-3333

RELEASE
NASA STENNIS SPACE CENTER PRESENTS ECONOMIC IMPACT AT MISSISSIPPI CAPITOL

Representatives from NASA John C. Stennis Space Center presented figures detailing the center's impact on the 2006 economy of Mississippi during a news conference today during SSC Day at the Capitol in Jackson.

"This is truly an exciting time for NASA and Stennis Space Center," said SSC Deputy Director Gene Goldman. "NASA is developing a new spacecraft to replace the shuttle and planning to return to the moon with eventual travel to Mars. Stennis Space Center will be testing the engines for the new spacecraft, and the center's 125,000-acre acoustical buffer zone is critical for testing these large-scale rocket engines."

The economic impact compiled by Mississippi State University economics professor Dr. Charles Campbell shows SSC is a significant source for employment and income in the area. In 2006, the direct economic impact within the core 50-mile radius resulted in $488 million.

While post-Hurricane Katrina recovery efforts continue, the study noted SSC maintained a stable direct impact on the global economy for two consecutive years, totaling $691 million. 

Without SSC operations in 2006, considering both direct and indirect effects, a conservative estimate of reduction in employment for the area would have been 19,500 jobs. A similar conservative estimate indicated personal income would have been reduced by more than $811.4 million, and retail sales would have been reduced by $324.6 million. However, it is estimated that SSC has an impact on local tax revenues of $87.6 million.

SSC is home to NASA and more than 30 other resident agencies that form a unique federal city. NASA and its contractors employ 1,973. The largest agency on-site is the Department of Defense with 1,885 employees, including the U.S. Navy, U.S. Army and contractors. Other resident agencies employ an additional 693, bringing the total SSC workforce to 4,551.


"The great state of Mississippi has been a staunch supporter of NASA Stennis Space Center since its beginnings more than 40 years ago, and that support remains very evident today," said Goldman.

For more information about Stennis Space Center and its economic importance to the region, visit:

http://www.nasa.gov/centers/stennis

Related Multimedia
+http://www.nasa.gov/centers/stennis/news/releases/2007/DWA-07-023-cptn.html

 
 

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