The value of arts and cultural production in America in 2014 was $729.6 billion, amounting to 4.2% of gross domestic product. The arts contribute more to the national economy than do the construction, mining, utilities, insurance, and accommodation and food services industries.
Goals of creative placemaking investments are associated with GDP growth. Cities with high levels of community attachment—the degree of loyalty and affection residents have for their community—also have high GDP growth over time.
American cultural travelers spend on average 60% more than other types of travelers, about $1,300 per trip compared to $800 per trip. Generally, they also take more trips per year than non-cultural travelers.
Of the 116 million American adults who traveled more than 50 miles one-way in 2012, 32.5 million (28%) extended their trip in order to participate in a cultural, arts, heritage or historic activity or event. Of those who did so, 40% extended their trip by one or more nights.
Foreign visitors to the United States partake in arts and cultural activities. In 2012, 28.4% of foreign visitors went to an American art museum or gallery, while 18.4 attended a concert, play or musical.