Sunday, March 04, 2007

The arts and economic growth

The whole premise of the creative class is that they enrich an area and attract high quality economic development.

Here's a bit on that from the blog that covers the subject in depth.

The Creativity Exchange: The Bohemian Factor:

"Arts, design and related occupations are very highly correlated with regional wages, income and housing values. They are more closely correlated with income than life scientists, engineers, and management occupations. Only two occupations - computer scientists and business and financial professionals - outperform them.

The core arts occupations of fine artists, musicians, dancers, and so on are most important of all. The correlations between them and regional wages, income and housing values are far far higher than for designers and decorators, entertainment and media, and sports where the correlations are low or insignificant.

The top 10 regions for core arts occupations are: New York, DC, LA, Honolulu and San Franciso.

Santa Fe tops the list for fine artists.

LA leads in actors with Orlando second.

Honolulu, San Fran, Las Vegas and Salt Lake City top the list for dancers.

Honolulu, New York, San Fran and Nashville lead for musicians."


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