New Data from U.S. Emphasizes Economic Value of Arts and Culture

The arts and cultural sector contributed over $763.6 billion to the American economy in 2015—more than the agriculture, transportation, or warehousing sectors, according to new U.S. government data released Tuesday by the Bureau of Economic Analysis (BEA) and the National Endowment for the Arts (NEA).

“The data confirm that the arts play a meaningful role in our daily lives, including through the jobs we have, the products we purchase, and the experiences we share,” says Jane Chu, chair for the National Endowment for the Arts.

A new Artsy article dives deeper into the stats and their implications for the American arts sector, as well as making a compelling case for the value of arts and culture on an international scale. Click here to read more.