The Arts Mean Business!

Posted on July 23, 2014by lvartscouncil

Lehigh Valley is home to 1,405 arts businesses that employ 7,714 people, according to a new analysis of Dun & Bradstreet data by Americans for the Arts. 

Arts Industry Comprises 3.8% of All Businesses and 2.3% Percent of the Employment in the Lehigh Valley region 

A new research study published by Americans for the Arts uses statistical data to quantify the scope and economic importance of the arts in the Lehigh Valley region, or Carbon, Lehigh, and Northampton Counties. The Creative Industries are defined as arts businesses that range from nonprofit museums, symphonies, and theaters to for-profit film, architecture, and design companies. Arts businesses and the creative people they employ stimulate innovation, strengthen America’s competitiveness in the global marketplace, and play an important role in building and sustaining economic vibrancy.

The Creative Industries in the Lehigh Valley include 1,405 nonprofit and for-profit businesses, employing 7,714 employees—comprising 3.8% of all businesses and 2.3% of the people they employ, according to the Creative Industries: Business & Employment in the Arts in the Lehigh Valley report. The findings are based on an analysis of Dun & Bradstreet data, the most comprehensive and trusted source for business information in the United States. The study was conducted by Americans for the Arts—the nation’s leading nonprofit organization for advancing the arts and arts education—and includes analyses of 11,000 unique political and geographic regions in the U.S.  The data are current as of January 2014.

The analysis demonstrates a larger-than-expected prevalence of arts business establishments, while the mapping analysis shows that these businesses are broadly distributed and thriving throughout the Lehigh Valley and not, as is sometimes believed, strictly in the downtown areas.

“The scope and numbers of the arts businesses represented in the Creative Industries Study reinforce the importance of the arts to our local economy and quality of life.” says Randall Forte, Executive Director of the Lehigh Valley Arts Council. “The arts are about jobs, jobs, and more jobs and deserve a seat at the economic development table.”

Arts Industry Resilient

Nationwide, the Creative Industries reports reveal that arts businesses are formidable:  750,453 businesses involved in the creation or distribution of the arts employ 3.1 million people.  This represents 4.2 percent of all U.S. businesses and 2.1 percent of all U.S. employees, respectively.  One of the remarkable national findings from the research, which dates back to 2004, is that arts businesses and employment have maintained this share of businesses and employment during the nation’s up and down economic cycles—demonstrating that the Creative Industries are as resilient and durable as other sectors of the economy.

ABOUT CREATIVE INDUSTRIES REPORTS

The Creative Industries reports are created by Americans for the Arts using Dun & Bradstreet business data. Downloadable reports for the nation’s 435 federal legislative districts, all 50 states and the District of Columbia, 3,144 counties, and 7,400 state legislative districts, along with national comparative reports, can be freely downloaded at www.AmericansForTheArts.org/CreativeIndustries.