10. Economic impact of national nonprofit arts and cultural industry $166.2 Billion Annual Expenditures
11. Economic impact of Wisconsin’s nonprofit arts and cultural industry $418 Million in Annual Expenditures Full-Time Equivalent Jobs 11,060 Resident Household Income $214 million Local Government Revenue $18.6 million State Government Revenue $25.7 million
Attraction-attracting talented, creative people Retention-creating an environment that keeps those people happy and productive Expansion-building on your business’s and community’s assets, growing your own
The term “creative economy” was coined by Howkins in 2001. When I talk about the “creative economy,” I not only mean the sectors that involve the arts and creativity, from arts organizations to design firms, but I want to make sure that you all know that creativity in all economic sectors is vitally important.
So, what do we mean when we talk about the Creative Economy? New research done by UW Extension says it's the intersection of these three things:
This is how Americans for the Arts defines the creative industries. These are the kinds of organizations and businesses we want to encourage in Wisconsin.
So why does this matter-and matter a lot to the Blanchardville/Hollandale area?
What are the places that people are talking about? Madison is one of them, with endless #1 place to…designations. But so many other communities, regions and counties around the world have been putting a great deal of emphasis on their creative economies. These are just a few examples—there will be a lot more in the online toolkit.
From BusinessWeek Magazine, September 6, 2004 by John Branch, San Antonio Express News/North America Syndicate
There's nothing wrong with being a Cheesehead, but when people think of Wisconsin, we also want them to think of...
Focus on creating jobs and diversifying the local economy, and consider the arts as part of the mix. The arts are a real industry, with measurable numbers of businesses and jobs, and economic impact. Calculator determines economic impact of the arts in area 2007 Creative Industries report Stimulate the economy through cultural tourism--a growth opportunity locally and regionally Attract investment by creating live/work zones and business incentive programs for artists and creative entrepreneurs. Improve property and enhance value, through downtown revitalization projects, affordable housing, etc.