IMPACT




Jobs In 2013, the Film Tax Credit created 10,800 direct and indirect jobs.1
It also created 22,720 jobs that were linked to film and TV induced tourism.2
The above is a combined total of 33,520 jobs across all industries in Louisiana.3
In 2014, average annual earnings in the film industry were $61K. The US Census Bureau lists the average annual earnings in Louisiana as $41K.4
Film industry jobs have nearly doubled from 2010 to 2014.5

Spending In 2013 production spending generated $1.586 billion in Louisiana.6
Visitors spent $2.4 billion which was directly linked to film and tv induced tourism.7
The above combined total is $3.987 billion in statewide spending.8
In 2013, production spending and film industry tourism together generated state tax revenues of $95.1 million and local tax revenues of $85.9 million (a combined total of $181 million).9
1-3 Economic Impacts of the Louisiana Motion Picture Investor Tax Credit, HR&A Advisors, Inc., 2015
4 U.S. Census Report 2013 & LED Report, 2015
5 The Economic Impact of La. Entertainment Tax Credit Program (LED) Report, April 2015
6-9 Economic Impacts of the Louisiana Motion Picture Investor Tax Credit, HR&A Advisors, Inc., 2015

ECONOMIC IMPACT STUDIES
 

  • LFEA commissioned HR&A Advisors, Inc. to conduct a statewide economic and fiscal impact analysis of the Louisiana State Motion Picture Investor Tax Credit.
  • LFEA commissioned the LSU Public Policy Research Lab to poll the general public of their awareness and support of the Film Industry in Louisiana.
  • Louisiana Economic Development commissioned economist, Loren Scott, to measure the economic impacts of Louisiana’s Entertainment Tax Credit Program.