Arts and Regional Prosperity:Economic Impact of Creative Industries in

Northwest Ohio

Michael C. Carroll Center for Regional Development

Overview Study Parameters and

Background Study Area Defining the Creative

Industries

Study Results Economic

Development Possibilities

Previous Economic Impact Studies Bowling Green State

University The Toledo Zoo The University of

Toledo Clay Center for the

Arts and Sciences, Charleston, WV

West Virginia's Oil and Gas Industry

State College System of West Virginia

Main Street Tomorrow Grafton, WV

University of Toledo Athletics Programs

Study Area 27 Counties in Northwest

Ohio Most Arts studies are done

for a single city or state.

Population 1.8 Million 786,327 Households Per Capita Income

$28,945 Average Household

Income $68,159

Creative Industries Included Americans for the Arts

Museums and Collections

Performing Arts Visual Arts/Photography Film, Radio, and

Television Design and Publishing Arts Schools and

Services

Specific Industries Included Radio and television

broadcasting Advertising and related

services Specialized design services Ornamental and architectural

metal work manufacturing Motion picture and video

industries Museums Photographic services Video tape and disc rental Sign manufacturing

Promoters of performing arts Independent artists- writers-

and performers Performing arts companies Sound recording industries Book publishers and

newspapers Custom architectural woodwork

and millwork Musical instrument

manufacturing Cable networks and program

distribution Audio and video media

reproduction

Creative Industries Economic Impacts: Highlights

Generates $2.4 billion annually in NW Ohio economy

Supports 33,426 jobs annually in NW Ohio Generates $97 million in State and Local

tax revenues Generates $151 million in Federal Tax

revenues

Context:Employment Equivalent 10 North Toledo Jeep

assembly plants. 95 Bass Pro Shops

Stores 10 Whirlpool plants Equal to the labor

force of Sandusky County

Locating the Impact

Less than 1/2%

1% to 2.25%

2.25% to 5.5%

5.5% to 10%

Greater than10%

Locating the Impact

Less than 1/2%

1% to 2.25%

2.25% to 5.5%

5.5% to 10%

Greater than10%

Not Included in the Study Because of Data Limitations Visitor spending at

Arts events

Architectural and engineering services (6th largest driver in NW Ohio economy)

Moving Beyond the Study Creative industries

can be an economic driver

The Creative Industries Cluster The creative industries

have the same social infrastructure as any knowledge-based industry 157

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The Creative Cluster Cluster-based economic

development is an economic development strategy that targets existing firms.

The underpinning of a successful cluster is a high level of social capital or strong interpersonal relationships.

For Questions

CRD@BGSU.edu

Richard Anderson

Chairman and CEO, The Andersons