How Cities Can Export Music Like Goods
Originally published on Fast Company
In today’s experience economy, cultural capital is increasingly valuable, especially for cities seeking to differentiate themselves. Municipalities routinely invest in traditional industries, physical infrastructure, and innovation pipelines, but music is often siloed as “entertainment.” Music can function as an economic engine, a form of cultural connective tissue, and a powerful competitive differentiator.
The scale of the opportunity is significant. The music industry contributes more than $212 billion to the U.S. GDP and accounts for 2.5 million jobs nationwide. Cultural exports are not just symbolic; they shape global perception, attract investment, and support workforce retention. According to the Recording Academy, when an out-of-town visitor buys a concert ticket for $100, the local economy sees an additional $335 in related spending.
New models show that with the right civic support, music can and should be treated like any other high-impact export.