The Economic Importance of the Arts & Cultural Industries in Santa Fe County - Quant Impacts

Part 1 of this research project quantified the contribution of Arts and cultural industries (A&CIs), including cultural tourism, to Santa Fe's economy. The results, based on 2002 data, were impressive: A&CIs are responsible for nearly 4 of every 10 dollars that flow into Santa Fe county; one out of every 6 workers in the county are directly or indirectly employed by the A&CIs, including cultural tourism; Santa Fe's A&CIs rank as one of the top industries in New Mexico, comparable to Intel and UNM in terms of direct, indirect and induced employment and wages; public revenues far exceed expenditures for arts and culture – a nearly 400% return for City and 40% return for State government expenditures. The