Texas has been the most proactive state government in terms of promoting local music. The Texas Commission on the Arts figures that for every $1 it gives out in grant money, $98 in economic activity is generated.
According to a 2001 report, cultural arts were responsible for 19.8 percent of the tourism in the state.
Austin has done particularly well. In 2005, South by Southwest generated $30.9 million for the local economy and the Austin City Limits Festival generated $26.3 million, according to the Austin Visitors and Convention Bureau (AVCB). The total economic activity generated by Austin's music industry in 2005 was more than $600 million. It created nearly 11,200 jobs and $11 million in sales tax revenue.
To read more, go to: The Arts Economy.
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