New Data Show Economic Impact of COVID-19 on Arts & Culture Sector

National Endowment for the Arts,
15 March 2022, USA

New data released today by the National Endowment for the Arts (NEA) and the Bureau of Economic Analysis (BEA) provide insights into the impact on the arts and cultural sector by COVID-19. The Arts and Cultural Production Satellite Account (ACPSA) tracks the annual economic impact of arts and cultural production from 35 industries, both commercial and nonprofit. These data describe the national and state-level contributions of the arts and cultural sector to the nation’s gross domestic product (GDP) in 2020, the first year of the pandemic.

“While arts and cultural industries and workers nationwide have sustained heavy losses, the sector continues to play an outsized role in the U.S. economy—as the new data demonstrate,” said NEA Chair Dr. Maria Rosario Jackson.

https://www.arts.gov/about/news/2022/new-data-show-economic-impact-covid-19-arts-culture-sector