This morning, the Arts and Cultural Production Satellite Account (ACPSA) compiled by the U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) showed that economic activity from arts and culture increased 2.9% in 2016, the most recent year of this report. That represents 4.3% of gross domestic product or more than $800 billion of economic activity.
Why The Arts Are The Great Unappreciated Engine Of The U.S. Economy
Forbes,
19 March 2019, USA
USA
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