Value to society

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.   

New Statistics on the US Ocean Economy (June 2020)

America's Marine Economy Infographic highlights statistics developed by NOAA and the Bureau of Economic Analysis.  This story map offsite link highlights some key findings from the first of its kind ocean economic statistics report.  

NOAA by the Numbers (June 2018)

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.

Thumbnail image of the report NOAA by the Numbers, NOAA's Value to the Nation, June 2018, Chief Economist Team, Office of the Chief Financial Officer


NOAA’s Contribution to the 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 security, safety, and economic prosperity.

Cover thumbnail of NOAA's Contribution to the Economy; Powering America's Economy and Protecting Americans - NOAA Chief Economist, Office of the Chief Financial Officer, June 2018


NOAA Protects Every American offsite link (July 2017)

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.

Social Science 2016 Annual Report

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.

Social Science: Vision and Strategy - 2016 Annual Report cover thumbnail



Contact the Office of the Chief Financial Officer: or 301-713-1632