INNOVATION BY THE OCEAN
North Shore Facts
The creative economy is not only an economic engine for the North Shore, it’s a leader on a state and national level as well. Massachusetts is the first state in the country to have a creative economy director, thanks in large part to the efforts of the Creative Economy Initiative.
Did you know?
- Creative businesses generate well over $3 billion in annual sales, comprise more than 2,200 businesses and employ nearly 20,000 workers on Boston’s North Shore.
- The creative economy represents 10 to 12 percent of the North Shore’s total private sector (non-government) employment, more than either biotech (2 percent) or manufacturing (7 percent) industries in the whole Boston metro economy.
- Almost half of the customers of creative economy enterprises are located outside of the North shore.
Five creative “clusters” account for 56 percent of all creative economy enterprises:
- Design, including computer systems and software design
- Business and management consulting
OUR CREATIVE COMMUNITIES
Ten communities account for 73 percent of all North Shore creative economy enterprises:
Amesbury, Beverly, Danvers, Gloucester, Lynn, Marblehead, Newburyport, Peabody, Rockport, Salem.
Key finding of recent research sponsored by the Creative Economy Initiative.
Over 2,200 creative economy enterprises are located on the North Shore
Between 17,000 and 20,000 people work in the North Shore creative economy
The creative economy represents 10-12% of the North Shore's total prive sector (non-government) employment - which is larger than the shareo f biotech and manufacturing industries within the Boston metro economy at 2% and 7% respectively.
The North shore creative economy enterpries conservatively contribute over $3 billion in annual sales.