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
- Engineering/R&D
- Artists
- Advertising
Ten communities account for 73 percent of all North shore creative economy enterprises
Amesbury
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Lynn
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Rockport
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Beverly
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Marblehead
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Salem
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Danvers
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Newburyport
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Gloucester
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Peabody
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These are some of the key findings of recent research sponsored by the Creative Economy Initiative. Both a synopsis and the full report are available.
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North Shore Success Stories
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