New York’s creative sector boosts economy

Global Business

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New York has long been known for museums, art galleries and theaters, but its creative sector is now changing the economy of the city. A new report shows the creative industry has boosted employment by 13%. CCTV’s Nick Harper filed this report from New York.

New York's creative sector boosts economy

New York's creative sector boosts economy

New York has long been known for museums, art galleries and theaters, but its creative sector is now changing the economy of the city. A new report shows the creative industry has boosted employment by 13%.

More details:

  • New York companies have signaled they’re looking for new ways to capitalize on the city’s booming creative sector.
  • A report by the Center for an Urban Future shows the number of new businesses in the city’s creative sector have grown by 18% in a decade.
  • They point to New York’s diverse population, with over three million foreign-born immigrants bringing fresh ideas to the city.