News Release from the National Endowment for the Arts – New data released last month show arts and cultural industries hit an all-time high in 2022, contributing 4.3 percent of gross domestic product (GDP), or $1.1 trillion, to the U.S. economy. However, growth was not sector-wide, with performing arts organizations, non-government museums, and arts-related construction among the arts industries that have yet to reach their pre-pandemic levels of economic value.