Philadelphia’s arts and cultural sector is “outperforming the nation as a whole,” contributing $3.3 billion to the local economy and supporting 44,000 full-time equivalent jobs, according to a new report released by the Greater Philadelphia Cultural Alliance using CDP data. The report, Arts, Culture and Economic Prosperity in Greater Philadelphia, also demonstrated that the Philadelphia region returns $1 billion in household income to Philadelphia residents as well as $169 million in tax revenues to state and local governments.
“In many places, culture is viewed as an amenity,” said Cultural Alliance President Tom Kaiden. “Here in Philadelphia, it’s interwoven into the fabric of everything we do. Arts and culture is a vital regional asset that supports thousands of jobs, benefits business in every industry and helps grow our economy.”
Read the full report on the Greater Philadelphia Cultural Alliance’s web site.