The Economics and Social Benefits

of NOAA Data and Products

Featured NOAA Economic Benefit

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For every $1 that energy companies spend in acquiring NOAA climate station data, they receive a potential benefit savings of $495 in related costs (i.e. not having to implement their own observing system to collect the data). This yields a cumulative $65 million benefit when extrapolated across the entire US energy market (Centrec, 2003).

Economic Statistics for NOAA - Sixth Edition - April 2008
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Last modified: Fri 5 Sep 2008 09:46:23 EDT