Accounting for the Nation's Arts and Cultural Goods and Services
Title of Dataset
Arts and Cultural Production Satellite Account (ACPSA)
Two-year project: results from the first wave, 2013, are presented here; the second wave is planned for 2014.
Partnership between the NEA's Office of Research & Analysis and the U.S. Bureau of Economic Analysis
Arts and the GDP
- The first comprehensive and detailed measure of the arts and culture's contribution to the U.S. gross domestic product (GDP).
- Full time series spanning 1998-2011.
- Production by detailed arts and cultural commodities (i.e., goods and services).
- Employment and compensation by arts and cultural industries, including sole proprietors (i.e., self-employed workers).
- Supply and consumption of arts and cultural goods and services, including imports and exports.
- Multipliers measuring the effect on the U.S. economy from changes in the demand for arts and culture.
In 2011, the production of arts and cultural goods and services
contributed $504.4 billion to the U.S. economy. This amounted to 3.25
percent of GDP.
- In output, the top arts and cultural
commodities included: the creative content of advertising ($199.6
billion); arts education ($104 billion); motion picture and video
merchandise and services ($82.2 billion); and performing arts and
independent artists and writers ($48.9 billion).
In that same year, the U.S. posted a $10.5 billion trade surplus in arts and
cultural commodities—with arts and cultural exports of $39.4 billion
exceeding imports of $28.9 billion.