New Crafts Council research Measuring Craft reveals extent of craft contribution to UK economy
Measuring the Craft Economy - reveals that craft skills contribute £3.4 billion to the UK economy by looking at all occupations and industries in which craft skills are deployed.
This is the first time it has been possible to provide a full set of economic estimates for craft following a review in 2013 of how the DCMS measures and classifies craft occupations, on which the Crafts Council advised.
The contribution craft makes to the economy is much bigger than previously thought with the research showing that craft skills are contributing;
- £745 million to the economy through the craft sector
- £243 million to the economy through creative industries such as fashion, film and architecture
- £2.4 billion to the wider economy in industries such as bio-medicine, science and engineering
Ed Vaizey, Minister of State for Culture and the Digital Economy, said:
“The UK’s Creative Industries are a veritable powerhouse and contribute more than £8 million an hour to the national economy. This report highlights the key role that craft plays in this remarkable success story, and demonstrates the huge range of occupations through which craft skills are contributing to the phenomenal growth of the creative industries.”
Rosy Greenlees, Executive Director, Crafts Council said:
“This research gives us, for the first time, evidence of how vital craft skills are the to the UK’s economy. They contribute to a wide range of industries – many of which the UK leads the world in. We look forward to continuing our work with the government to ensure that craft’s value is reflected in official economic statistics.”