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Study: Arts industries generate $2.4 billion to regional economy

The arts and cultural industries are an economic driver generating more than $2.4 billion in economic activity in the Northwest Ohio region, according to a study conducted by the Center for Regional Development at BGSU.

...

Arts and creative industries also help to generate 33,000 jobs, $97 million in local and state taxes and $150 million in federal taxes, according to Michael Carroll, an economist and director of the Center for Regional Development at BGSU.

“Every dollar spent by arts and culture industries creates another $1.62 for the economy in Northwest Ohio,” said Carroll, who said he believes the study is relevant “because there is a growing body of research that shows a thriving arts community is crucial for the health and vitality of the region.”

http://www.toledofreepress.com/?id=6487

created by jhostetler on Oct 09, 2007 at 03:04:54 pm     Comments: 4

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Comments ... #

thats a whole lotta money

posted by upso on Oct 09, 2007 at 03:10:23 pm     #  

After seeing the ticket prices for The Lion King at the Stranahan Theatre...I believe it!

posted by Kooz on Oct 09, 2007 at 04:08:36 pm     #  

how does this compare to other dollars spent in other industries?

industry, services, etc?

otherwise the figure is comparatively useless:)

art/culture generally thrive in a healthy economy. they depress/recess along with the economy.

posted by charlatan on Oct 09, 2007 at 07:20:35 pm     #  

I believe this is the same report previously covered here ...the one that includes 27 counties for that 'economic impact' as well as industries such as newspapers and video rental stores...

posted by MaggieThurber on Oct 09, 2007 at 08:48:07 pm     #  

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