1. Home
  2. Arts, Media & Culture
  3. Hard Data Reveals Impact of the Arts Across the U.S.

Hard Data Reveals Impact of the Arts Across the U.S.

ART (Smith)” by Gaby Av licensed under CC BY 2.0

Source: Art Fix Daily

New data from the U.S. Bureau of Economic Analysis (BEA) and the National Endowment for the Arts (NEA) provides a look into the impact of the arts across the U.S. and internationally.

In the U.S. alone, the arts contribute more than $700 billion to the economy, including for-profit and nonprofits. The industry employs nearly 5 million workers with jobs, supporting wages upwards of $370 billion. Furthermore, the report also looks into the impact of different sectors within the arts and within the different states.

Additionally, the report found that consumers spent more than $31 million on admissions for art events, surpassing the $1 billion projection.

Read Full Story: Art Fix Daily

,
Arts, Media & Culture, News