Posts Tagged by economy
|October 26, 2012||Posted by M. P. under News||
While the state of the economy is center stage this election season, there has been little discussion of the importance of nonprofits, particularly those in the arts sector, in job creation and economic growth. A new study, Arts & Economic Prosperity IV: The Economic Impact of Nonprofit Arts and Culture Organizations and Their Audiences in the State of Pennsylvania, conducted by Americans for the Arts demonstrates the clear correlation between support of the arts and employment and revenue generation in the Commonwealth.
According to the report, in 2010, Pennsylvania had $2,545,382,269 in total expenditures between art and culture organizations and their patrons. This spending supported more than 81,000 full-time jobs and sent over $201 million in revenue to the state government.
In Allegheny County, 2010 arts and culture industry expenditures totaled $685,602,764, with event attendees spending an average of $21.44 per person, not including the cost of event admission. As would be expected, people living outside of Allegheny County spent more on meals, gifts or souvenirs and lodging. The data indicate that this patronage of cultural events and activities in and around the city of Pittsburgh supports over 20,500 full-time jobs and generates $31,448,000 in revenue to the local government.
|September 7, 2011||Posted by M. P. under Philanthropy, Research||
A survey of donors, conducted last month by Campbell Rinker for Dunham and Company, found the majority of respondents (68 percent) plan to give “sparingly”, or more conservatively, in the future. Citing the current economy, 78 percent indicated that they would be less likely to give to a charity they had not supported in the past.
The silver lining – prior donors (78 percent) are more or equally as likely to continue donating to charities they have supported and a solid majority of online givers (85 percent) plan continue their current giving practices. Online givers are also more likely than their more traditional counterparts to expand their future giving to include new charities or organizations.
|September 2, 2011||Posted by M. P. under Budget, Education, News|
Today’s news that zero jobs had been added to the national economy in the month of August acts as a wet blanket on the hopeful chatter about the end of the recession, particularly for the un-and underemployed and their families. The continuing impact of the recession and related budgetary cuts on Pennsylvania’s middle class is outlined in a new report from The Keystone Research Center in Harrisburg, Pennsylvania entitled, Under Attack: Pennsylvania’s Middle Class and the Jobs Crisis. The report details the economic challenges facing millions of Pennsylvania residents as they face the age of austerity in the form of severe budget cuts, less access to benefits, declining pay for most and higher costs, especially in college education.
The Center released some highlights of the report, including,
- The 2010 unemployment rate in Pennsylvania (8.7%) was the highest rate in the state in 30 years.
- Pennsylvania’s higher education in-state tuition average ($10,761) is far above the national average of $6,829.
- The average debt ($27,066) of Pennsylvania college graduates entering the workforce was the 7th highest in the nation.
The report, co-published by Keystone Research Center and the national policy center Demos, is available for download at the Center’s website.
|August 9, 2011||Posted by M. P. under Children and Family, Education, Health, Juvenile Delinquency||
Adding to the bleakness of the anemic economic and employment outlook, stock market “adjustments”, riots in the streets of London and protests against economic conditions in Israel, comes the news that child poverty in the United States increased nearly 10 percent between 2008 and 2009, according to the latest data from the Children’s Defense Fund.
In the report, The State of America’s Children 2011, the CDF presents some unsettling data that indicate segments of the population are falling further behind, putting the current well-being (and the futures) of their children at risk. The report finds children of color are trailing in a majority of child well-being indicators, and
- are more likely to be born to mothers who have received little to no prenatal care,
- are more likely to live in poverty (1 in 3 black children and 1 in 3 Hispanic children versus 1 in 10 white children),
- are more likely to live with domestic upheaval (including separation from one or both parents), and
- are over-represented in the child welfare system.
Facts and discussion on child nutrition, education, juvenile justice and numerous other indicators are included in the complete report, available for download and in an interactive format at the CDF website.