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Study: Arts and Culture Worth $5.6 Billion to New Mexico's Economy

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Monday, August 18, 2014   

SANTA FE, N.M. - A recent study by the New Mexico Department of Cultural Affairs shows arts and culture means thousands of jobs and billions of dollars to the state's economy.

Dr. Shelle Sanchez, the department's director of strategic initiatives, conducted the study. Entitled, "Building on the Past, Facing the Future: Renewing the Creative Economy," she says it shows a good number of all jobs in New Mexico are within arts and culture.

"Almost 10 percent of primary-income jobs come from the arts and cultural industries," Sanchez says. "In New Mexico, that's over 75,000 jobs, which is a lot because New Mexico is a relatively small state in terms of population."

Sanchez adds, jobs within "arts and culture" include everything from film and television production to people working as artists, in art galleries, and also educators within the arts.

The study also concludes New Mexicans are far less likely to be employed in rapidly growing and higher paying applied fields such as media, advertising and software publishing. Sanchez says research shows having a strong arts-and-culture community is helpful in attracting new businesses that want a certain 'quality of life' for their employees.

"The cities that really have this cultural vibrancy, which is directly related to the quality of arts and culture in their community, are the places that attract these businesses," she says. "Because those businesses can then attract and retain their best workers."

To illustrate the economic impact of arts and culture, the study points out that arts and culture employ more people than New Mexico's construction and manufacturing industries combined.


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