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Art’s value to the U.S. economy

July 2018 issue

Art’s value to the U.S. economy

How much is art worth? That’s not a philosophical question. Art is worth billions to the U.S. economy—more than $763 billion, in fact. That’s the value for 2015 (the most recent year available) as determined by a study from the U.S. Bureau of Economic Analysis and the National Endowment for the Arts.

Source: The U.S. Arts and Cultural Production Satellite Account (1998-2-15)

Tags: business operations

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