Arts and Culture Observatory - Research - 2003-04

CAMT

Economics 2003-04

The Impact of the Economic Environment of Southwest Pennsylvania on the Arts and Culture Community Full Report
Table of Contents
Executive Summary			3

Chapter One: National Economy			10
	Economic Indicators		11
		Economic Recession	11
		Political Events	12
		Unemployment	14
		Gross Domestic Product	15
		Consumer Confidence	16
		Consumer Expenditures	17
		Stock Market	21
		Economic Stimulus	23
		Inflation	24
		National Debt	25
		Summary	27
	State Budgets		28
	Current Budget Reductions		31
	State Art Agencies		34

Chapter Two: Pennsylvania Economy			38
	Economic Health Overview		38
	Economic Indicators		40
		Labor Force	41
		Industry/Occupation	42
		Income	45

Chapter Three: Pittsburgh MSA Economy			46
	Economic Health Overview		46
	Economic Indicators		47
		Labor Force	47
		Industry/Occupation	49
		Income	53
		Consumer Spending	55

Chapter Four: Nonprofit Arts and Culture Industry			56
	Overview of the Arts and Culture Industry		56
	Supply and Demand		57

Chapter Five: Revenue Sources for the Nonprofit Arts Industry			60
	Earned Income		62
	Admissions and Ticket Sales		63
	Endowment Income		66
	Contributed Income		67
	Individuals		69
	Foundations		75
	Giving after 9/11		85
	Government Grants		89
		Federal Government	89
		State Government	89
		Local Government	90

Chapter Six: Expenses for the Nonprofit Arts Industry			91

Chapter Seven: For-Profit Arts and Entertainment Industry			94
	Motion Picture Industry		94

Bibliography