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WASHINGTON, D.C. – In response to the announcement by Rep. John Dingell (D-MI) that he will retire at the end of the 113th Congress, the following statement can be attributed to NAB President and CEO Gordon Smith:
WASHINGTON, D.C. – The local commercial broadcast television and radio industry contributes $1.24 trillion of Gross Domestic Product (GDP) and 2.65 million jobs to the American economy annually, found a new study by Woods & Poole Economics with support from BIA/Kelsey. The analysis, which breaks down broadcasters' influence on the economy of all 50 states and the District of Columbia, concluded that both television and local radio broadcasting's economic impact will continue to grow in the coming years.
Read more: Study Finds Local Broadcasting Generates $1.24 Trillion in Economic Activity Annually