Publishers underscore importance of copyright industries to U.S. economy
Source: Association of American Publishers (AAP)
Report highlights:
- The U.S. “core†copyright industries (industries whose primary purpose involves the production and/or distribution of copyright materials) accounted for $819.06 billion or 6.56 percent of the U.S. gross domestic product (GDP);
- The core copyright industries were responsible for 12.96 percent of the total economic growth achieved by the U.S. economy in 2005;
- The core copyright industries led all other major industry sectors in foreign sales and exports, estimated to be at least $110.8 billion in 2005;
- Some 5.38 million American workers were employed in the core copyright industries in 2005 (4.03 percent of the U.S. workforce), and they earned an average of $69,839 in annual compensation, 40 percent more than the average U.S. worker.
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