The Arts in the GNP: A New Beginning
GENERAL
An update of information on the arts in the GNP that takes into account the introduction of a new input/output model of the U.S. economy. New estimates are provided for 1985 and the estimates for 1982-84 are updated utilizing the new model as well as more up to date data.
1985 consumer admission expenditures for nonprofit performing arts events were $3 billion in current 1985 dollars and $2.5 billion in constant dollars (adjusted for inflation, 1982=100). The $3 billion amount is the largest ever estimated for the nonprofit performing arts in the GNP. It compares with $2.7 billion in 1984 (revised level reflecting both most recent information and the new I/O model). The increases in nonprofit performing arts admissions expenditures have brought the 1985 estimates up to equality with spectator sports admissions expenditures for the first time.