What Are the Arts in Arts and Entertainment Industry

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Washington, DC—Later on more than a twelvemonth enduring the pandemic, the arts and cultural industries remain among the hardest hit by the economical crises inflicted past COVID-19. New information released today past the National Endowment for the Arts and the Bureau of Economic Analysis (BEA) describe the national and state-level contributions of the arts and cultural sector to the nation'due south gross domestic product in 2019. These data from the Arts and Cultural Production Satellite Account (ACPSA) show the sector as thriving just before the pandemic struck.

ARTS AND CULTURAL PRODUCTION SATELLITE ACCOUNT Data FROM 2019

The ACPSA tracks the annual economic affect of arts and cultural production from 35 industries, both commercial and nonprofit. Those 35 industries range from architectural services to audio recording and, in whole or in varying segments, are considered a distinct sector of the nation's economy.

The information shows that in 2019, economic action in the sector had been expanding:

• Production of arts and cultural goods and services in the U.South. added 4.3 pct directly to the nation's GDP, for a full budgeted a trillion dollars ($919.7 billion).
  • This amount remains greater than the value added by such industries as construction, transportation and warehousing, mining, and agronomics.
• Arts and cultural industries had v.2 million workers on payroll with total compensation of $447 billion. This figure does non include cocky-employed arts workers.

Other findings from the ACPSA:

• Over a three-twelvemonth period (2017-2019), the value added to Gdp from arts and cultural product has grown at a three percentage prune—slightly higher than the growth charge per unit for the U.S. economy as a whole.
  • Leading growth industries include: spider web publishing and web streaming services (+11.8 pct), fine arts education (+nine.8 percent), and landscape architectural services (+ 7.8 pct
• The arts continue to generate a widening trade surplus. From 2006 to 2019, this surplus has grown x‐fold, to more than than $33 billion.

The National Assembly of Land Arts Agencies has created state dashboards that allow users to meet the value-added by arts and cultural industries to the land's economic system as well as cardinal industries in the arts and cultural sector. The dashboards as well show arts employment numbers for each state. In addition, BEA has produced ACPSA fact-sheets for each land. These and other resources, along with a national summary study past the Arts Endowment, are available equally an arts data profile.

POSITIONING NEW ACPSA DATA WITH OTHER Resource

In contrast to today's ACPSA data is a Jan 2021 report developed past the Federal Emergency Management Agency (FEMA), Argonne National Laboratory, and the Arts Endowment. This report notes that inside the arts and culture sector, "Nowhere has the result been more than direct, deep, and firsthand than on the performing arts." Contrasting the FEMA report'south unemployment numbers from the 3rd quarter of 2020 with the ACPSA data from 2019 yields the following picture show of the performing arts.

•Musicians: In 2019, the unemployment charge per unit was 1.1 percent representing iii,000 professionals. In the third quarter of 2020, the rate rose to 27.1 pct and 56,000 professionals.
•Actors: In 2019, the unemployment charge per unit was 24.7 pct representing 11,000 professionals. In the third quarter of 2020, the rate rose to 52.three pct and 28,000 professionals.
•Dancers and choreographers: In 2019, the unemployment rate was ten.7 per centum or three,000 professionals. In the tertiary quarter of 2020, the charge per unit rose to 54.6 percent and 8,000 professionals.

Co-ordinate to the Arts Endowment'southward Artists and Other Cultural Workers: A Statistical Portrait published in 2017, artists are 3.vi times every bit likely every bit other workers to be self-employed, approximately 34 percent of all artists compared with nine percent of all workers.

BUILDING THE Road TO RECOVERY

With its data description of the arts and cultural mural pre-pandemic, the ACPSA provides a destination towards which the arts customs tin drive its work building the route to recovery. The Arts Endowment is and will be facilitating that journey through funding and sharing insights and stories with the field. For example:

Funding

• Developing guidelines for distribution of $135 one thousand thousand through the American Rescue Plan.
• Granting waivers to grantees to alter certain grants from project-based support to general operating support so that organizations can focus on building dorsum their capacities. This applies to fiscal years 2019-2021.

Sharing insights and stories

• The offset in a series of webinars about the art of reopening. A Virtual Conversation on Reengaging Arts Audiences in Physical Spaces was held on March 23 that featured special guest Dr. Anthony Due south. Fauci.
• The Art of Reopening: A Guide to Current Practices Amid Arts Organizations During COVID-19
• NEA'southward American Artscape mag'due south issue "The Arts in the Time of COVID"
  

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Source: https://www.arts.gov/about/news/2021/new-report-released-economic-impact-arts-and-cultural-sector

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