CMU School of Drama


Friday, April 04, 2025

Arts and culture contributed a record $1.2 trillion to United States GDP in 2023

www.broadwaynews.com: The Arts and Cultural Production Satellite Account (ACPSA) has released the findings from its latest economic impact study of arts and culture throughout the United States. The results indicate that arts and culture sectors contributed $1.2 trillion to the United States economy in 2023.

2 comments:

JFleck said...

Entertainment is an integral part of life. An important part of our economic life as well as technology allows transfer and immersive experiences to spam the globe. The best and easiest way to help the sector grow is to let children experience the different parts of entertainment early so they can become experts sooner in life if they want to. As research already shows, early life social programs return profits of over eleven dollars per dollar spent. Alternative teaching allows students who do not excel with the standard approach to learning in classrooms for math and science to excel in at least one area in school to keep students invested and wanting to learn. I remember being early in school and dreading my classes because they were dry and boring except for jazz and theatre. Because they give a break in the parts of your brain learning math and science, it gives an opportunity to reflect back on that information and try to understand it in a new way.

Ellie Yonchak said...

This is another factor that shows why the arts and entertainment industries are such valuable industries for the country as a whole. Even though the arts offer different benefits as well, such as a feeling of catharsis, or togetherness, or culture, or learning something new, they do provide a lot of value monetarily.This is why it's especially crazy to me when politicians or non-artists try to disregard the arts as something that has benefit, or cut arts programs, or discourage people from going into the arts. I think it's easy to do so because intrinsically, art doesn't feel one of your basest of needs. It doesn't keep you from starving or put a roof over your head just by being art, but it does fulfill a very important role to me, and that is that art is often the way that we go from just surviving through a situation to really living in our lives. I'm not sure if that makes sense, but what I mean is that art is kind of the thing we go to that helps make all of life better even if it's just by having a good cry when you need it or by seeing something that you like reflected back at you, I think art really provides a very necessary and vital part to survival, which is that it helps make life worth living.