Federal analysis: Arts, culture add $700 billion to US economy

January 12, 2015

New research from the National Endowment for the Arts and U.S. Bureau of Economic Analysis shows that the arts and culture sector contributes more to the U.S. economy than previously thought.

The analysis released Monday is based on 2012 data. It shows that arts and culture contributed more than $698 billion to the economy. That's about 4.32 percent of U.S. goods and services.