The Economics Angle

By Jack Lew

We've not discussed the economic impact of the creative sector. Perhaps legislators and policy makers who are not willing to give arts education its due value, will take a second look at hard numbers. The following quotes come from a poster I received from the Ringling College of Art and Design. Their sources for these stats come from the Bureau of Labor, U.S. Department of Labor, Americans for the Arts, Entertainment Software Association.
-1.25 million Americans work in the visual arts.
-One in 111 jobs is in art and design.
-The economic impact of art and design exceeds that of sports worldwide.
-Jobs in design have increased 43% in the past ten years.
-Yearly sales of art reach an estimated $10 billion in the U.S. alone.
-200,000 people are employed in the film industry.
-People spend approximately $55 billion annually on video games and related hardware.
-The computer animation industry generates $33 billion annually.
-America's nonprofit arts industry generates $134 billion in economic activity every year.
-Analyst John Hawkins estimates that the creative sector will be worth $6.1 trillion internationally in less than 15 years - the largest economy in the world.

December 3, 2008 7:22 AM | | Comments (1) |


Add to that the fact that there a glut of students in post doc work right now and not enough research jobs for them. The powers that be want students to go into math and science, but what's the job world like for them?

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This Conversation For decades, as teaching of the arts has been cut back in our public schools, alarms have been raised about the dire consequences for American culture. Artists and arts organizations stepped in to try to... more

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