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“The Professor Is In: Ric Kolenda, Opportunitas, January 5, 2021, Pace University
— Read on https://www.pace.edu/news/professor-ric-kolenda
New data from the County Business Patterns shows a big loss in film jobs for Georgia since 2013. However, there has still been healthy growth overall since the state introduced up to 30% in transferable tax credits for film productions, with a 74% growth rate since 2010, and 29% overall since 2012.
In 2014, non-exhibition motion picture employment declined to 2,845 in 2014, a 1/3 drop from the record high of 4,282 in 2013. The reasons for this volatility are not yet clear, but the most likely explanation is just an anomalous growth rate in 2013, which was nearly double that of the previous year. And the average growth rate since 2010 is still quite healthy at over 26%/year, more than double that of the industry nationwide (11.6%), and also well above most other states, with one notable exception…
Utah, the Beehive State (yes, I had to look that up). My preliminary glance at the data showed that Utah’s growth rate, which was astronomical in 2013 (nearly quadrupling from 749 to 3,573), declined, but still showed healthy numbers, especially per capita. 2014 saw film employment at 2,821, nearly identical to that of Georgia, a much larger state, and an average annual growth rate of over 90% since 2010. What had previously appeared to be a bizarre anomaly is clearly becoming something of a trend. Is this a Sundance thing, or something more. Any Utahns out there, please post your thoughts in the Comments section below…