SPENDING ON ARTS AND CULTURAL PRODUCTION CONTINUES TO INCREASE
Bureau of Economic Analysis – US Department of Commerce – January 2015
Nominal value added from all arts and cultural production (ACP) industries— a measure of this sector’s contribution to gross domestic product (GDP)—increased 3.8 percent, or $25.8 billion in 2012, according to new statistics released by the Bureau of Economic Analysis (BEA). Value added for ACP accounted for 4.3 percent, or $698.7 billion, of GDP.
“With the creation of new data analyses like this one – which shows how arts and culture contribute to GDP – the Department of Commerce is providing a more detailed picture of what drives the U.S. economy, growth, and job creation,” said Secretary of Commerce Penny Pritzker. “Making new data available is another example of how the government is working harder and smarter to produce relevant statistics that better inform individuals, businesses, and decision-makers.”
The Economic Contribution of Arts and Culture – A CFCP Online Debate
All this week The Centre For Creative Practices are holding an online a discussion / debate about the economic contribution of arts and culture.
The week will include: webinars, blog posts, Twitter Feeds, group discussion and videos on how economic strategists, arts professionals, artists and arts organisations see this economic contribution. Is it sustainable? is it relevant or should we be concentrating of creativity and engagement more than economic contribution?
Get involved, use the hashtag #artseconomyire on Twitter or Facebook and lets get this discussion out there. It’s one we need to have and this is your chance to get involved.
Follow the debate online by clicking here >>
About Platform 1 from CFCP
As part of our artistic entrepreneurship programme we have introduced Platform 1, where each day we will post a snippet of information that we think might be of interest to you and to us.
Please feel free to comment, share, post your own suggestions or snippets as together we can build a repository of information that can benefit everyone on the journey.
Why Platform 1, well every journey has to start somewhere and every station has a platform 1, our departure point.
For more hints & tips see: http://cfcp.ie/platform-1/