Federal analysis: Arts, culture add $700 billion to economy

Today’s creative economy gets a big boost from the arts, according to new data from the National Endowment for the Arts and the U.S. Bureau of Economic Analysis. The latest figures cover 1998 to 2013 and they spotlight fast-growing arts industries, export trends, employment figures, consumer data, and more. In 2013, arts and cultural production […]

Arts a bigger economic engine that previously thought

The arts are a bigger driver of gross domestic product and jobs than previously estimated, according to a new report from the National Endowment for the Arts. Among the new estimates are: • In 2012, arts and cultural production contributed more than $698 billion to the U.S. economy, or 4.32 percent to the U.S. gross […]