What does the Honolulu Symphony do for Hawaii?
When the Symphony puts on a concert, there is an economic ‘sound-wave’ felt by businesses through out the city. The flower shops, taxi drivers, baby sitters and restaurants all benefit, as do printers and designers, parking garage companies, dry cleaners, and so on. All of these businesses generate their own economic sound-waves in turn, reaching Realtors, shipping and construction companies, the tourism industry, and so forth. The end result is a ‘symphony’ of economic activity that makes Hawai’i economically stronger. This sound-wave effect means that the Honolulu Symphony, with a budget of about $6 million, generates employment equivalent to 247 full-time jobs, paying a total of $6.15 million in wages. This results in $557,000 in state and local tax revenue.* Nationally, America’s orchestras fuel the U.S. economy with $1.1 billion annually.** So, even before you attend a concert, the Symphony has probably already benefited you. The Honolulu Symphony and its musicians also play a maj
When the Symphony puts on a concert, there is an economic ‘sound-wave’ felt by businesses through out the city. The flower shops, taxi drivers, baby sitters and restaurants all benefit, as do printers and designers, parking garage companies, dry cleaners, and so on. All of these businesses generate their own economic sound-waves in turn, reaching Realtors, shipping and construction companies, the tourism industry, and so forth. The end result is a ‘symphony’ of economic activity that makes Hawai’i economically stronger. This sound-wave effect means that the Honolulu Symphony, with a budget of about $6 million, generates employment equivalent to 247 full-time jobs, paying a total of $6.15 million in wages. This results in $557,000 in state and local tax revenue.* Nationally, America’s orchestras fuel the U.S. economy with $1.1 billion annually.** So, even before you attend a concert, the Symphony has probably already benefited you. The Honolulu Symphony and its musicians also play a maj
