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From the Report Summary: “It is widely recognized that the arts are essential to the city and state of New York, which enjoys a global reputation for cultural excellence and opportunity. In the past quarter century, an awareness has grown that the arts are also an economic engine for New York City and New York State. This is the third study to measure the economic impact of the arts in New York City and the first to assess their importance to the entire state.* This report reveals a trend of robust growth in the city during 23 years and provides a new picture for the year 2005 of an industry that is a strong contributor to the economy of both the city and the state.”

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