Arts and culture made more money in Colorado in 2015 than mining or the transportation industry, study shows
Creative industry’s $13.7 billion was 4.3 percent of state GDP that year, according to federal report
March 7, 2018
See a show at the Ellie Caulkins Opera House in 2015? Purchase a painting at a local art fair? How about buy a book from a Colorado author or visit a local museum?
If you answered yes to any of these questions you contributed to the $13.7 billion arts and culture brought to the state's economy that year, a figure that both the outdid mining and transportation sectors, a federal study shows.
The U.S. Bureau of Economic Analysis and the National Endowment for the Arts on Tuesday unveiled their most recent analysis of the economic impact of arts and culture in the U.S. In 2015, the year with the most recent reporting data, goods and services generated by museums, architecture firms, artists and other artistically inclined businesses and agencies accounted for 4.3 percent of the Colorado's GDP, the feds say.
It was part of $763.6 billion arts and culture contributed to the U.S. economy as a whole that year, 4.2 percent of GDP and more than mainstay industries like agriculture and transportation. Creative industries accounted for a $20 billion trade surplus that year, according to the analysis.
Work in arts and culture accounted for 4.9 million U.S. job in 2015. Of those,100,631 were in Colorado. Those workers pulled in an estimated $7 billion in wages, the numbers show.