Report: Arts, culture have $5.6B impact in NM

Created: 08/13/2014 7:26 AM
By: The Associated Press

ALBUQUERQUE. (AP) - A study to be released by state officials shows the arts and culture industries have a $5.6 billion economic impact in New Mexico.

The state Cultural Affairs Department will be releasing the report Wednesday afternoon during an event at the National Hispanic Cultural Center in Albuquerque.

Aside from detailing the dollars behind the state's arts and cultural attractions, the report says there are shortfalls that need to be addressed if the state wants to realize even more of the sector's economic potential.

The report challenges businesses, government agencies and nonprofit groups to find more ways to take advantage of the state's strengths.

The commissioned study was done by the Bureau of Business and Economic Research at the University of New Mexico.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

KOB welcomes a lively and courteous discussion as long as you follow the rules of conduct set forth in our Terms of Use. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use.

Join Our Email List

Form not appearing? Click Here.