From Andrew Schwartz <[email protected]>
Subject By The Numbers: U.S. Defense Budget, U.S.-Philippines Trade, Offshore Turbines, and More
Date February 5, 2023 4:13 PM
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Each week, we'll share with you some of the most compelling numbers in our studies.

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$827 billion

The FY 2023 U.S. national defense budget is a projected $827 billion, with the Department of Defense accounting for $802.4 billion.



SOURCE: "Saving by Spending: The True Value and Cost-Effectiveness of U.S. Aid to Ukraine" by CSIS's Anthony H. Cordesman.

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$150 million

The United States is one of the Philippines’ closest economic partners—and its third-largest trading partner—with almost $150 million in new foreign direct investment last year.



SOURCE: "Building a U.S.-Japan-Philippines Triad" by CSIS's Gregory B. Poling, Andreyka Natalegawa, and Danielle Fallin.

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7 offshore turbines

Despite significant potential, the offshore wind sector remains largely undeveloped in the United States. As of 2023, there are a total of seven installed and operating offshore turbines with a combined generating capacity of 42 megawatts.



SOURCE: "Tailwinds and Headwinds: The U.S. Offshore Wind Market" by CSIS's Allegra Dawes and Joseph Majkut.

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10 million jobs

At the end of last year, there were more than 10 million unfilled jobs in the United States. Even if we could match everybody looking for a job, we would still be more than 4 million short.



SOURCE: "Where Are All the People?" by CSIS's William Alan Reinsch.

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By the Numbers is composed weekly by Claire Dannenbaum, Claire Smrt, and the External Relations team.

The Center for Strategic and International Studies (CSIS) is a bipartisan, nonprofit organization founded in 1962 and headquartered in Washington, D.C. It seeks to advance global security and prosperity by providing strategic insights and policy solutions to decisionmakers.

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