Lost Art
Measuring Covid-19's devastating impact on America's creative economy
Recommendation
As COVID-19 swept the United States, the creative economy lost jobs and sales plummeted. Richard Florida and Michael Seman report on Brooking Institution research calculating those losses from April through July 2020 (the report’s stopping point though, of course, the pandemic’s impact continued) and charting them by occupation, business type, city, state and region. The report concludes that only a large scale recovery strategy involving federal, state and local governments can save the arts and culture economy. The United States’ quality of life is at stake.
Summary
About the Authors
Richard Florida, a professor at the University of Toronto’s School of Cities and Rotman School of Management, is the author of The Rise of the Creative Class and The New Urban Crisis. Michael Seman, an assistant professor of arts management at Colorado State’s LEAP Institute of the Art, is a research associate in its Regional Economic Development Institute.
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