Monday, January 12, 2015Tweet
[IWS] BEA: SPENDING ON ARTS AND CULTURAL PRODUCTION CONTINUES TO INCREASE [12 January 2015]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
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Arts and Cultural Production Satellite Account
SPENDING ON ARTS AND CULTURAL PRODUCTION CONTINUES TO INCREASE [12 January 2015]
[full-text, 6 pages]
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.
AND MUCH MORE...including CHARTS & TABLES....
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