Art$ Gives Boost to Westchester Economy
A new study recently released by ArtsWestchester revealed that the nonprofit arts and culture sector is a significant industry in Westchester County, generating $172.3 million in total economic activity, $25.8 million in local and state government revenue and 5,179 full-time equivalent jobs. “The arts sector is a powerful economic driver that fuels smart growth in Westchester, said Janet Langsam, CEO of ArtsWestchester. “This economic impact study sends a strong signal that when government and the corporate sector support the arts, quality of life improves as does Westchester County’s economy.”
The data from the report, titled Arts & Economic Prosperity V, was presented by ArtsWestchester during a breakfast ceremony in White Plains. ArtsWestchester was joined by Westchester County Executive Robert P. Astorino and County Board of Legislators Vice Chairman James Maisano who announced the county’s support of the 2017 Art$WChallenge which runs through December 15. The arts are not only vital to Westchester’s quality of life, but they are also significant to our economy by creating jobs and helping businesses large-and-small, Astorino said. This study demonstrates that Westchester is a county where our cultural resources match our intellectual capital and economic assets. Partnering with ArtsWestchester is smart business.
Similar News Items
More than 450 from business, not-for-profits and government were on hand Tuesday evening for the Business Council of Westchester’s Annual Hall of Fame Awards Dinner. This year’s program, which was held at the Glen Island Harbour Club in New Rochelle, honored business leaders and organizations who have transformed their industries and added to the economic […]
Artificial intelligence, or AI, is impacting virtually every industry, offering opportunities to transform business as usual. Understanding the technology and how best to leverage its potential in real estate was the topic of a recent in-depth forum hosted by Fordham University’s School of Professional and Continuing Studies and The Business Council of Westchester. “Revolutionizing Real […]
In a big boost for the City of Yonkers, the owners of Ridge Hill held a groundbreaking this week for the launch of a major redevelopment plan. “It’s good to see a company like North American Properties that has the ability to run shopping centers with the success they’ve had in this changing retail market,” […]
Become A Member
Join the county’s largest and most influential business organization today.
JOIN NOW!
Leave a Comment
You must be logged in to post a comment.