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Creative Economy Contributes over $1.1 Trillion to US Economy
The latest Arts and Cultural Production Satellite Account (ACPSA) report, jointly released by the U.S. Bureau of Economic Analysis (BEA) and the National Endowment for the Arts (NEA), indicates a 4.8 percent rise in arts and cultural economic activity after adjusting for inflation. This growth contributed to 5.2 million jobs and constituted 4.3 percent of the GDP, amounting to $1.10 trillion in 2022.
In tandem with the study, the National Assembly of State Arts Agencies (NASAA) developed Creative Economy State Profiles to enhance the accessibility of BEA's data. The Minnesota state report reaffirms what is already recognized in the state—that the arts play a significant economic role and serve as a catalyst for growth.
Highlights from the study for Minnesota say the Arts and Culture sector:
- Accounts for over $13 Billion to the Minnesota Economy.
- Represent 3.08% of the total Gross State Product (GSP)
- Contributes 90,085 jobs.
- Ranked 4th among the comparison sectors. Ahead of agriculture, utilities, and mining.
Want to Learn More about the Studies?
LEARN MORE ABOUT STATE PROFILES!
Thank Legislators for Important Arts Funds
The significance of the arts to Minnesota's economy is widely acknowledged, and the recent BEA release reinforces our existing data. If you haven't already done so, please take a moment to contact your state legislators and thank them for their support of the arts, highlighting there role as a vital economic driver in the state. Your letter could be particularly crucial this month as legislators deliberate on how to allocate surplus Legacy Funds. Additionally, please consider sharing your personal narrative about why the arts hold significance for you. If you've experienced the benefits of a grant, don't hesitate to communicate its positive impact on both yourself and your community. Authenticity is key—share your story!
Building Evaluation Capacity for the Arts Webinars
The Minnesota State Arts Board is pleased to announce a four-part evaluation capacity-building webinar series. This opportunity is being offered, free of charge, to any individuals or organizations that provide arts programming.
The goal of the Building Evaluation Capacity for the Arts series is to build skills to evaluate arts programs and to create a community of learners committed to evaluation. Participants can attend all sessions or only the ones relevant and of interest.
Please note, participating in this training is optional and will not influence any current or future grant applications with the Minnesota State Arts Board.
Webinars will be held from 1:00-2:30 p.m. The following are dates and brief descriptions of each session.
April 16: Understanding evaluation and outcomes. Learn more about why you should evaluate your arts programs and how you can develop outcomes to drive your evaluation.
April 30: How to evaluate. Learn strategies to help you plan an effective evaluation, define your questions and audience, and conduct an evaluation. We will explore a variety of methods to evaluate your programs including surveys and interviews.
May 14: Evaluation on a shoestring budget. Evaluation can be participatory, creative, and low budget. Join this session to learn some creative strategies for evaluating your arts programming.
May 28: Data sensemaking and sharing results. Learn how to analyze data to improve your programs and communicate the impact of your work.
If you are interested in participating, please register by opening the following link and selecting each session you are interested in attending.