What Brings $521,300,000 to Tampa Bay?
Tampa Bay FL, March 2008 - Tourism…the Port…Phosphate…Citrus…Construction…These are some of the industries that come to mind when we think about the ones that contribute significantly to our local economy. It is time to add a new industry to that list, an industry that brings over $521.3 million annually to our region. Not only does this industry pump a significant amount of money into our local economy, it provides a diversity of benefits to add to the quality of life in Tampa Bay.
This major industry is THE ARTS. The Tampa Bay Business Committee for the Arts, Inc. (“TBBCA”) recently announced the results of a professional study of the economic impact of the arts in Hillsborough and Pinellas counties. This is the first measure of arts impact on the two counties since the original joint study conducted in 1999. The report was sponsored by PricewaterhouseCoopers LLP, and conducted by the PwC Sports, Convention and Leisure Practice.