Creativity plays huge role in US economy
Print Edition
Creative industries led by Hollywood account for about US$504 billion, or at least 3.2 percent of US goods and services, the government said in its first official measure of how the arts and culture affect the economy.
Yesterday, the US Bureau of Economic Analysis and the National Endowment for the Arts released the first-ever estimates of the creative sector’s contributions to US gross domestic product based on 2011 data, the most recent figures available.
Sunil Iyengar, the endowment’s research director, said the yardstick devised in partnership with the Bureau of Economic Analysis drew on figures from Hollywood, the advertising industry, cable TV production, broadcasting, publishing, performing arts and other areas. Now the nation’s creative sector will be measured annually, much as statisticians calculate the contribution of tourism, health care and other sectors to the nation’s economy.
“One of the challenges that’s always been there for economists and even lay people and certainly policy makers is to understand what is the arts’ value,” Ilyengar said. “Here’s a measurable, legitimate, rigorous way of tracking the contributions of the creative economy in the country.”
Analysts said they used preliminary data from 2011 and dating back to 1998, including for-profit and nonprofit industries in the arts and culture sector.
The arts and culture sector outpaced the US travel and tourism industry, which was 2.8 percent of GDP in 2011.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
