Reigniting the Creative Economic Engine Benefits Everyone
Creative workers and creative businesses in the United States are being devastated by the COVID-19 pandemic and the economic shutdown that has accompanied it. Cultural organizations and creative businesses predominantly rely on the ability to gather people together, whether in a theatre, a museum, a music venue, a club, a circus tent, or wherever—which means that the entire creative economy was one of the first to shut down and will likely be one of the last to reopen.
The Creative Economy Is Big Business in the United States
To see state-specific Creative Economy impact numbers, as well as the significant losses incurred by the creative economy because of COVID, please click here.
The U.S.'s Creative Economy |
$919.7 billion generated annually in the United States by the creative economy.[2] |
4.3% of GDP generated annually in the United States by the creative economy.[2] |
673,656 creative businesses in the United States.[4] |
5.2 million creative workers in the United States. [2] |
COVID-19 Has Devastated the Country’s Creative Economy
Right Now, in the United States… |
$150 billion lost revenue for creative economy businesses through July 2020 (est.). [5] |
67% creative businesses severely impacted by COVID-19. [6] |
2.7 million |
62% of creative workers have experienced a drastic decrease in work. [7] |
$77.2 billion total loss of revenue for creative workers in 2020 (est.). [5] |
$15,140 |
55% creative workers now have no savings. [7] |
The Creative Sector Makes Communities Healthier and Stronger
72% |
73% |
$31.47 |
Creative Workers and Businesses Stand Ready to Aid Recovery
76% |
83% |
89% |
[1] Source: U.S. Bureau of Economic Analysis, 2020
[2] Source: U.S. Bureau of Economic Analysis, 2019
[3] Source: U.S. Bureau of Economic Analysis - State Profiles, 2017
[4] Source: Americans for the Arts, Creative Industries, 2017
[5] Source: Brookings Institution, Lost Art, 2020
[6] Source: Americans for the Arts, COVID-19 Impact on the Nonprofit Arts Sector, 2020, as of December 20, 2020
[7] Source: Americans for the Arts, COVID-19 Impact on Creative Workers, 2020, as of December 20, 2020
[8] Source: Americans for the Arts, America Speaks Out About the Arts, 2018
[9] Source: Americans for the Arts, Arts & Economic Prosperity 5, 2017