Americans for the Arts releases "Economic Prosperity IV"
Americans for the Arts released the findings from Arts & Economic Prosperity IV, the largest and most comprehensive study of its kind ever conducted. Like the past three iterations, it documents the key role played by the nonprofit arts and culture industry in strengthening our nation's economy. But this time around, the results of this study are a bit more extraordinary.
For the first time in its history, Arts & Economic Prosperity IV documents how the arts industry fared during a recession. And not just any economic slowdown. This study shows how the arts sector fared during The Great Recession, the most shattering economic downfall our nation, and the world, has experienced in generations. And there is encouraging news to share.