Why The Arts Are The Great Unappreciated Engine Of The U.S. Economy

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Why the arts are the great unappreciated engine of the U.S. economy:

The Washington Ballet's Nutcracker is set in historic Georgetown and features historical figures. Today and yesterday two documents were released by the federal government that should make us ask if we have our priorities straight. compiled by the U.S. Department of Commerce's Bureau of Economic Analysis showed that economic activity from arts and culture increased 2.9% in 2016, the most recent year of this report. That represents 4.

These statistics call into question a common argument against government support for arts and culture — that they are helpful to have around but not essential drivers of economic growth. The release this morning of data from the ACPSA clearly shows this to be a false claim.

 

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