Industry Analysis & Industry Trends
The recession and the economy's subsequent slow recovery have tempered growth for the Museums industry. However, with the economy on the rebound, museum visitation and private donations have risen, increasing revenue for the industry. Over the five years to 2020, economic conditions in the industry are set to improve. Increased disposable income will allow more families and individuals to spend on discretionary services, such as museum visits. Still, gains from improved economic conditions will be partly offset by limited government funding. Industry growth will also likely be tempered by the rising availability and popularity of virtual tours... purchase to read more
Industry Report - Industry Locations Chapter
The Southeast, Mid-Atlantic, and West regions contain the highest concentration of museums in the United States. The distribution of museums is mainly based on population levels, as they are more likely to be located in regions with large cities.
The Southeast has 20.2% of museums in the United States, partly because the region has the greatest share of the population in the nation, estimated at 25.4% in 2013. Some prominent museums in the Southeast include the Birmingham Museum of Art, the Georgia Museum of Natural History, the Columbus Museum and the South Carolina State Museum. Texas has the largest share of industry establishments with 6.0% of total museums in the United States, while Florida has the second most in the region at 4.4%... purchase to read more