Category

Economics

Arts & The Economy: Using Arts & Culture to Stimulate State Economic Develpment

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“The arts and cultural industries provide jobs, attract investments, and stimulate local economies through tourism, consumer purchases, and tax revenue. Perhaps more significantly, they also prepare workers to participate in the contemporary workforce, create communities with high appeal to residents, businesses, and tourists, and contribute to the economic success of other sectors.”

Why Public Art Is Important

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‘According to Bach, studies have looked at the economic development benefits of art, but only just recently have there been wider examinations of the effect of art on a community’s sense of place. The Knight Foundation’s Soul of the Community initiative surveyed some 43,000 people in 43 cities and found that “social offerings, openness and welcome-ness,” and, importantly, the “aesthetics of a place – its art, parks, and green spaces,” ranked higher than education, safety, and the local economy as a “driver of attachment.”’

Art & Business

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“Shining a spotlight on art and cultural relationships and business provides a better understanding between people of diverse nations. The quest for better communications through the arts help define businesses. By associating with the arts, businesses have discovered that their brands are enhanced and increase their reach and in the end their profitability.”

Design And Patient Satisfaction: One Study’s Misconstrued Message

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“What the researchers did find was significant improvement in facility-related satisfaction scores such as noise level (39.9 percent vs. 59.3 percent), pleasantness of décor (33.6 percent vs. 66.2 percent), and visitor (family) accommodation and comfort (50 percent vs. 70.3 percent). Likewise, there was great improvement in perception of room cleanliness (49 percent vs. 68.6 percent). Also there was a significant (5 percent) increase in patients who would recommend the hospital to others.”

Sweet Jesus, the Arts Are Good for the Economy

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“The “Arts & Economic Prosperity IV” study is a valuable document with tons of detailed information drawn from 182 geographical regions.

Southeastern Pennsylvania’s cultural organizations and their audiences have a combined impact of $3.3 billion on the region’s economy.
Arts and culture supports 44,000 full-time equivalent jobs throughout the region.
Arts and culture returns $1.04 billion in household income to Southeastern Pennsylvania residents.
Cultural tourism is a valuable asset for the region, injecting nearly $230 million in direct spending into the economy.”

How the Arts and Culture Sector Catalyzes Economic Vitality

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“The activities of the arts and culture sector and local economic vitality are connected in many ways. Arts, culture, and creativity can

-improve a community’s competitive edge
-create a foundation for defining a sense of place
-attract new and visiting populations
-integrate the visions of community and business leaders
-contribute to the development of a skilled workforce”

Art in Healthcare

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“The benefit of art in healthcare is in the experience of the art. While it may be dismissed by some as merely decoration, decades of research in Europe and the United States concludes otherwise. The role art plays in an overall strategy to produce healing environments has been measured against health and economic outcomes.”

LOCAL ARTS RAPID RESPONSE KIT: TALKING POINTS

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“The arts are essential to the health and vitality of our communities and our nation. They improve the quality of life in our cities and town. They enhance community development; spur urban renewal; attract new businesses; draw tourism dollars; and create an environment that attracts skilled, educated workers and builds your third millennium workforce.”

The Economic Benefits of Great Public Places

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“Placemaking is the art of developing a public space that attracts people. In the process, it almost always pays economic dividends back to the community.”

“Places that incorporate local heritage and artists attract more tourists, and residents feel a stronger connection to such places. The Arts and Economic Prosperity III report from Americans for the Arts states that annual support in the arts generates a 7:1 return.”