Report: Broadcast TV contributed $748 billion to U.S. economy in 2025
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Report: Broadcast TV contributed $748 billion to U.S. economy in 2025
(Photo by Thiago Santos) The local television broadcast industry saw another year of strong contributions to the American economy, with more than 1.5 million jobs supported and over $748 billion in annual gross domestic product impact, according to a report released on Thursday. The report, conducted by Woods & Poole Economics with support from BIA Advisory Services, found local broadcast TV contributed nearly two-thirds of the total economic im…
Study Details Local Broadcasting’s Massive US Economic Footprint
Radio’s economics often get discussed in terms of audience reach or ad performance, but new data puts a far larger number on the board. A new economic analysis shows local radio and TV support more than $1.19 trillion in US GDP and 2.46 million jobs.
Study: Local Radio and TV Supports 2.46 Million U.S. Jobs
A new study commissioned by the National Association of Broadcasters touts the economic benefits U.S. radio and TV stations provide for their states big and small. The research, conducted by Woods & Poole Economics and supported by BIA Advisory Services, found that local broadcasting supports approximately 2.46 million jobs nationwide, including about 909,000 in radio. “No other industry gives more to Americans for free,” said Curtis LeGeyt, pre…
NAB: Radio, TV Powers $1.2 Trillion In U.S. Economic Activity
The NAB has distributed a communiqué touting how “free, local broadcast television and radio stations are more than trusted sources of news, emergency updates and community connection.” For the over-the-air media industry’s voice in Washington, radio and TV stations licensed by the FCC “are a vital infrastructure supporting every corner of American life.” Citing a newly released 72-page study conducted by Woods & Poole Economics, with support fr…
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