Washington, DC—New data released today show arts and cultural industries hit an all-time high in 2022, contributing 4.3 percent of gross domestic product (GDP), or $1.1 trillion, to the U.S. economy. However, growth was not sector-wide, with performing arts organizations, non-government museums, and arts-related construction among the arts industries that have yet to reach their pre-pandemic levels of economic value. These findings and more come from the Arts and Cultural Production Satellite Account (ACPSA), a product of the National Endowment for the Arts (NEA) and the Bureau of Economic Analysis (BEA) that tracks the annual economic value of arts and cultural production from 35 industries—including both commercial and nonprofit entities. A national summary report and an accompanying interactive graphic are available on arts.gov, along with state-level estimates.
NEA Chair Maria Rosario Jackson, PhD, said, “Research again shows that arts and culture make up a significant portion of our nation’s GDP, contributing to the strength of our national and state economies. While this is evidence of important contributions, there is also evidence of a more complicated story in which dimensions of the cultural sector are still struggling. Alongside economic value, we must also remember that arts and culture improve Americans’ lives and communities in many other tangible ways. We will continue to tap rigorous research and evaluation to tell the…
