Asked whether the space economy would include Uber rides and Amazon deliveries, Jacklyn Buhrmann explains why published figures can't be compared. The Bureau of Economic Analysis counts anything that depends on space, while industry analysis needs a narrower scope.
…missions. So I think the why is really an important point to start with there. And then EMAC and Jackie have done some really great work digging through the different ways that we think through how those estimates are made and how we figure out those projections, because it's not a simple exercise.
Yeah, I've recently, you know, people often ask the question, are we really going to be measuring the space economy through like the number of Uber rides and Amazon deliveries? Jackie?
So, yeah, that's a good question. How expansive do we want this definition of the space economy to be? There was a good analysis of this done by the Bureau of Economic Analysis, the BEA, a few years ago, where they went through this exercise to measure the space economy and their definition. The space economy was really expansive. I'm not sure if it would have included Uber and Amazon, but they tried to include everything that takes place in space, everything that supports the things that take place in space, and all the things that depend on space to function. And so, you might think of things like Uber and Amazon as using either communications from space or using GPS. As part of that, I don't know if that fell in the BEA's definition. But, yeah, that's a very expansive definition of the space economy, and it made a lot of sense for the BEA to be looking at it that way. So, the BEA's definition is very expansive because their goal was really to just measure the whole value of economic activity that takes place in or depends on space. But for other activities like trying to understand the space industry and the production of satellites and things like that, you need a much narrower definition.…
Oh, I love it. The economist has an unclear answer. It's not clear.
It depends.
It depends. So, yeah, so you kind of started talking a little bit about like in terms of production, right? And I know that there's different ways, you know, what we've traditionally called kind of upstream things before something is, you know, the making of something, I suppose. And then there's…