Perpetua: The UAH Journal of Undergraduate Research


College of Business




The goal of this report is to analyze available information on economic conditions in the space exploration industry and obtain the information that would be necessary to create a measurement of growth relative to other industries. To accomplish this effectively, a thorough understanding of existing indices would be essential. Indices measure economic change, using calculations which aggregate a vast amount of information into one quantity. Many industries have their own indices which provide information about changes in business conditions. The indices chosen to study for this report are the Institute of Supply Management’s Manufacturing Index and the Federal Reserve’s Industrial Production Index. The Kensho New Economies Space Index (KMARS), a newly-formed index that tracks stock prices of companies involved in space commerce, is also examined to shed light on the industry. Four firms in the space industry are examined – Aerojet Rocketdyne, Boeing, Lockheed Martin, and Northrop Grumman – to determine the types of economic data available at a firm level.



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