Katy Cauker

The Economics of Art - "Storm Surge" Second of six paintings currently in an exhibition around Oregon.

'Storm Surge" 12 x 9 mixed media painting on panel Currently in the Oregon Coast Online Show

The Economics of Art - "Storm Surge" Second of six paintings currently in an exhibition around Oregon.

The Newport Art Center has been running an online exhibition with the artists who have been juried into one of their past exhibitions. It’s a wide range of styles and imagery but all relate in some way to the Oregon Coast. Proceeds help the Art Center which in turn contributes to the economy of Newport and the various ways that artist contribute to economic stability.

I personally as an artist spend regularly at businesses through out Oregon and the US as I order supplies, pay exhibition fees, ship artwork, pay membership fees, run websites, have images printed and buy office supplies to run my studio; not to mention the way I contribute financially to my community and the economy at large because I own a home, have children and grandchildren and a variety of other interests.

The art world and the artists who make it possible with their creative output statistically contributed 4.5% of the GDP:

4.5 percent

Arts and cultural economicactivity accounted for 4.5 percent of gross domestic product (GDP), or $877.8 billion, in 2017.

https://www.bea.gov › special-topics

Arts and Culture | U.S. Bureau of Economic Analysis (BEA)


 
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