More on the performing arts - Theaters contributed $7.1 billion, followed by music (including jazz, rock, and country bands and artists) at $4.2 billion, and symphony orchestras and chamber groups at $2.1 billion.The new estimates were adjusted for inflation, resulting in more accurate trend analysis for the 15-year period ending in 2013. consumers, and that the arts are a strong contributor to America’s economic vitality.” This tells us that the arts remain a valuable and desirable commodity for U.S. “Notably, the ACPSA reveals that Americans are choosing to spend more on performing arts events such as concerts, plays, and dance performances. economy in 2013,” said NEA Chairman Jane Chu. “The new data show that the production of performing arts services has grown at a faster clip than arts and cultural production in general, contributing $44.5 billion to the U.S. The Arts and Cultural Production Satellite Account (ACPSA) is the first federal effort to provide in-depth analysis of the arts and cultural sector's contributions to the economy. Another key finding is that consumer spending on the performing arts grew 10 percent annually over the 15-year period. economy, a 32.5 percent increase since 1998. In 2013, arts and cultural production contributed $704.2 billion to the U.S.
The latest figures cover 1998 to 2013 and they spotlight fast-growing arts industries, export trends, employment figures, consumer data, and more. Washington, DC-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.