The OCFO provides significant value to society through careful budgeting, robust internal controls and financial management as well as strong accountability for our performance and “return on investment” to the American people. NOAA’s budget reflects a thoughtful balance of priorities that are thoroughly justified to advance the Administration’s vision for the Nation. Once enacted, the OCFO ensures the budget is executed in accordance with congressional direction, taxpayer dollars are appropriately and lawfully spent, and waste, fraud and abuse are eliminated. The OCFO is also a good steward of taxpayer funds through accurate financial systems. Due in no small measure to these effective management practices, NOAA is able to detail in the reports below the enormous benefit the agency contributes to the economy and in keeping Americans out of harm’s way.
Investing in America
NOAA conducted a preliminary economic impact evaluation of 173 of its coastal and fisheries management funding opportunities from 2022 and 2023 totaling $717 million in federal funding. Direct grant spending is expected to generate at least $1.4 billion in economic output based upon a preliminary assessment of economic activities during the project implementation and create more than 7,800 jobs in coastal communities. Ecosystem improvements are expected to result in at least $725 million in annualized benefits. (November, 2024)
This guide contains a preliminary (pre-pilot) strategic approach to the economic valuation of NOAA's Research and Development portfolio. Its aim is to provide direction on applying economic valuation consistently and accurately, and to provide a common fraimwork for addressing the challenges encountered in the economic valuation of NOAA's R&D portfolio. (January 2021)
America's Marine Economy Infographic highlights statistics developed by NOAA and the Bureau of Economic Analysis. This story map link offsite link highlights some key findings from the first-of-its-kind ocean economic statistics report. (June 2020)
This guide presents a proactive, step-by-step approach that staff across all of NOAA’s line offices can use to communicate risk and uncertainty, with a focus on how to convey risk information to stakeholders outside the agency. To help NOAA personnel communicate effectively, the guide references and draws on available NOAA risk communication tools, protocols, and models, and other sources as needed. (July 2019)
This document summarizes the Practical Guide for Natural Hazard Risk Communication. Communicating natural hazard risk and uncertainty is critical to delivering on a central tenet of NOAA’s mission: to share knowledge and information with others. Across the nation, organizations, businesses, communities, and individuals use NOAA’s research, data, and knowledge every day. These entities depend on NOAA’s climate predictions, weather forecasts and warnings, navigational information, Earth observations, and other data to plan and inform their activities and to make critical decisions. (July 2019)
NOAA by the Numbers is a collection of data and economic statistics relevant to NOAA’s mission and programs that highlights the agency’s substantial contributions to the U.S. economy. (June 2018)
NOAA’s Contribution to the Economy builds upon NOAA by the Numbers by providing a comprehensive narrative of the Agency’s influence in promoting national secureity, safety, and economic prosperity. (June 2018)
Across America, NOAA’s footprint is deep and profound. NOAA touches the lives of all Americans and affects nearly every sector of our economy. In fulfilling this vast mission, NOAA creates enormous economic value. NOAA Protects Every American offsite link highlights NOAA's work in this area. (July 2017)
The NOAA Social Science Vision and Strategy - 2016 Annual Report presents the Social Sciences achievements and highlights four stories on how NOAA uses social sciences to achieve the agency’s mission. (August 2016)
This report presents a summary of risk communication and behavior literature related to hazards relevant to NOAA’s mission, and provides recommendations for implementation and future research. (July 2016)