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Creative Economy Takes Root

Published Wednesday Feb 20, 2019

Creative Economy Takes Root

In just two decades since the launch of the internet, the creative economy has officially taken root in the United States. According to a statement, the Re:Create Coalition’s second annual report reveals that more than 16.9 million independent, American creators earned a baseline of $6.8 billion from posting their music, videos, art, crafts and other works online in 2017.

Notably, New Hampshire is home to a total of 78,797 new creators, whose creative works posted to sites like Amazon Publishing, Etsy, Instagram and YouTube generated $28 million to the state's economy in 2017.

Building upon last year’s study, the updated report found the number of new creators grew by 2.4 million (16.6 percent) and total revenues grew by 14.8 percent. New creators live and work in every state, using platforms like Amazon Publishing, eBay, Etsy, and Instagram to earn income and drive the growth of the multibillion-dollar New Creative Economy.



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