Creative Industries
Like the job growth in the food and beverage services sector, the job
growth in South Florida's creative industries sector from 2014 to 2022 is
expected to mirror South Florida's overall job growth average (around 1%
CAGR in the creative industry sector vs. average South Florida growth rate
of approximately 1.2% CAGR).
1
Unlike in the software, technology and IT;
healthcare and medical technology; and food and beverage services sectors,
the number of small and medium firms (defined as having 1-499 employees)
in South Florida's creative industry sector has remained constant and has
not increased between 2008-2011.
2
The industry earnings in South Florida's
creative industry, however, are on a positive trajectory with a growth rate of
approximately 5.1% CAGR from 2010 to 2014.
3
~67
~6
~1
0 1 2 3 4 5 64 65 66 67
Radio Apparel & Accessories
Sporting goods
Music
Digity $64M deal
(Undisclosed investor)*
1
Small Business Administration.
2
Id.
3
U.S. Bureau of Economic Analysis.
