Close Menu
    What's Hot

    Child mental health forum to be held in Norristown

    May 13, 2024

    GameStop's stock prices surged when Roaring Kitty made a comeback on social media

    May 13, 2024

    Van Jones criticized possible Trump VP candidates for avoiding 2024 election questions, saying it's like failing kindergarten

    May 13, 2024
    Facebook X (Twitter) Instagram Telegram
    Facebook X (Twitter) Instagram
    The Plaza JournalThe Plaza Journal
    Subscribe
    Wednesday, January 28
    • Sports
      • American Football
      • Basketball
      • Baseball
      • Boxing
      • Cricket
      • Football
      • Hockey
      • Tennis
    • Politics

      John Dean believes the hush money case against Trump is very strong

      May 13, 2024

      “Cruel and unfeeling” Trump assistant boasts about causing innocent homeless people to be arrested

      May 13, 2024

      Only 5 percent of people mention January 6th as the most important memory from Trump's presidency: Survey

      May 13, 2024

      7 in 10 say they’ve given a lot of thought to election: Gallup

      May 13, 2024

      Trump: ‘Hannibal Lecter is a wonderful man’

      May 13, 2024
    • Technology
    • United States
    • United Kingdom
    • Business
    • Entertainment
    • Science
      1. Archaeology
      2. Anthropology
      3. Space
      4. Biology
      5. Ecology
      6. Geology
      7. Nanotechnology
      8. Neurology
      9. Paleontology
      10. Psychology
      11. Mathematics
      12. Geography
      13. Astrophysics
      14. Oceanography
      15. Physics
      Featured

      How perspiration and endurance helped humans become excellent runners and hunters

      Biology May 13, 20244 Mins Read
      Recent

      How perspiration and endurance helped humans become excellent runners and hunters

      May 13, 2024

      Amazing photos of colorful skies around the world as auroras shine in bright colors

      May 11, 2024

      Scotland has suddenly seen a large increase in mosquitoes

      May 10, 2024
    • Health
    Facebook X (Twitter) Instagram
    The Plaza JournalThe Plaza Journal
    Home»Technology

    An Unlikely Victim of Space Shuttle’s Demise: Florida’s Economy

    By John ArcadipaneDecember 11, 2009 Technology 2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Journalists have already spilled gallons of ink and hogged terabytes of bandwidth with stories about the implications of switching from the Space Shuttle to the new Constellation system. Of course, most of the reporting has focused on the impact to NASA, thus ignoring another somewhat unlikely victim of the gap between the two programs: the economy of Florida.

    Florida, already reeling from the collapse of the housing market and the effects of the Great Recession, faces a serious loss of revenue from both the evaporation of tourists who come to watch the launches, and from the potential relocating of NASA personnel related to the Shuttle program away from the Kennedy Space Center. In total, the NASA activities contribute around $4 billion a year to Florida’s economy, or about 0.5 percent of total state GDP. With Florida’s GDP contracting in 2008, and set to plummet even more in 2009, this lost revenue could impact the state just as it begins to recover.

    The gap between the end of the Space Shuttle program and the beginning of Constellation could see as many as 8,000 NASA employees let go or relocated. And considering the average NASA employee at the Kennedy Space Center makes $77,235 a year, roughly twice the average for the county, that loss could have economic ripples throughout the state.

    Florida already experienced a similar problem in 1975, when the end of the Apollo program reduced employment around the Kennedy Space Center to levels not seen since the Great Depression.

    And unfortunately, the activation of the Constellation spaceships may not revive the local economy. Even though the Kennedy Space Center remains the designated launching site for the Constellation program, recent budget cuts, and a reevaluation of NASA priorities, indicate that the Constellation program may end up far less ambitious than the Shuttle program. Those cuts may leave even an active Kennedy Space Center with far less economic power than it currently projects.

    Reuters

    Rockets
    John Arcadipane

    Keep Reading

    GameStop's stock prices surged when Roaring Kitty made a comeback on social media

    Chicken fat supercapacitors may be able to store future green energy

    Battle of the AI bots: Copilot vs ChatGPT vs Gemini

    How to distribute iCloud storage

    Add A Comment
    Leave A Reply Cancel Reply

    Must Read
    Latest Posts

    Child mental health forum to be held in Norristown

    May 13, 2024

    GameStop's stock prices surged when Roaring Kitty made a comeback on social media

    May 13, 2024

    Van Jones criticized possible Trump VP candidates for avoiding 2024 election questions, saying it's like failing kindergarten

    May 13, 2024

    Chicken fat supercapacitors may be able to store future green energy

    May 13, 2024

    Most students at prestigious universities believe that there is an issue with antisemitism, as per a survey conducted by U.S. News & World Report

    May 13, 2024
    The Plaza Journal White Logo
    X-twitter Facebook Google Pinterest Telegram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    The Plaza Journal

    • Contact Us
    • Subscription
    • Submit an Anonymous Tip
    • Newsletters
    • Sponsored News
    • Advertise With Us
    • Privacy Notice

    Keep updated

    Get the latest creative news from FooBar about art, design and business.

    Copyright © 2026 The Plaza Journal. All rights reserved.
    • Privacy Policy
    • Terms of Use
    • Cookie Policy
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.