OTIS: College of art and design

The big impact

Based on 2011 Data

• The Creative Economy Is The FOURTH LARGEST Employment Cluster of 66.

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• 1 Out of 8 Regional Jobs Is in the Creative Economy.

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The Multiplier Effect

Sales income, payroll, and tax revenues generated by creative establisthments. Creative Business, Individual, and Government spending. Jobs and economic activity resulting from creative industry, government, and individual spending.

Indirect employment is generated when creative firms spend money on suppliers and vendors.

Industry snapshots

Based on 2010 Data

Many Sectors Share the Driving Power of the Creative Economy.

• Viewing
• LA
• OC

Revenues by industry

Revenues by industry

Self-employed

Based on 2008 Data

The Largest Segment of Self-Employed People Are Independent Artists, Writers, and Performers.

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• LA
• OC

Nonprofits

Based on 2007 Data

Nonprofits Represent 18.3% of the Creative Economy Workforce.

Employment trends

Based on 2010 Data

The Creative Economy Is Projected to Be on the Upswing Through 2015 Although Growth Will Be Slow.

This figure indicates creative services job growth. If factoring in the outsourcing of manufacturing jobs, the growth rate from 2009 – 2015 would be 4.2%.

Employment Forecast 2010-2015

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• LA
• OC

The furniture and home furnishings sectors are dependent on manufacturing jobs, which are being outsourced overseas. However, they are declining at a slower pace as demand for locally produced goods rise. Employment for specialized design services is expected to grow. Most toys are now designed locally, and produced in China.

The furniture and home furnishings sectors are dependent on manufacturing jobs, which are being outsourced overseas. However, they are declining at a slower pace as demand for locally produced goods rise. Employment for specialized design services is expected to grow. Most toys are now designed locally, and produced in China.