1A Panel: art IS economic development

One Acadiana’s April Arts & Culture Council luncheon focused on the richness of the area’s arts and culture scene, concluding that it is integral to the region’s quality of life and more of an economic driver than most people imagine.

For every dollar spent at Festival International, at least another 25 cents is added to the local economy, the panelists said. The direct economic impact of Festival International is $29 million to $30 million, a number that rises to about $49 million once indirect benefits are added to the tally.

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