Economic Development Agenda
The Arts, Media, and Entertainment sector careers require cross disciplinary interactions, project management, independent work styles and self management along with imagination, flexibility, and problem solving. The Motion Picture and TV Industry has calculated its economic impact on the US economy in this report:
- A diverse job creator: 2.5 million Americans jobs are supported by the motion picture and television industry – costume designers, truck drivers, architects and accountants are but a few examples of the complex combination of workers who collectively make movies.
- A community of small businesses and entrepreneurs: Over 115,000 businesses in all 50 states – 81 percent of which employ fewer than 10 people – comprise the motion picture and television industry.
- A nationwide enterprise: On-location production, infrastructure development and movie and television-related tourism are contributing to the economies of all 50 states.
- A successful exporter of American products: The American motion picture industry carries a positive balance of trade around the world and a $13.6 billion trade surplus.
In 2007, the motion picture and television industry was responsible for:
- 2.5 million American jobs;
- an average salary of $74,700 for production employees;
- $41.1 billion in wages to workers in America;
- $38.2 billion in payments to U.S. vendors and suppliers, small businesses and entrepreneurs;
- $13 billion in income and sales taxes; and
- $13.6 billion in trade surplus.
The production and distribution of motion pictures and television programs is one of the nation's most valuable cultural and economic resources.