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Space Economy Worldwide Totaled $329 Billion in '16, Space Foundation Says

The global space economy in 2016 was $329 billion, up roughly 2 percent from 2015 due to growth in the commercial space sectors more than offsetting small declines in government spending, the Space Foundation said in an news release Thursday.…

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It said the $253 billion in commercial space activities was 76 percent of the global space economy.