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A%20new%20study%20released%20today<%2Fa>%20by%20the%20International%20Intellectual%20Property%20Alliance<%2Fa>%20(IIPA)%20reveals%20that%20core%20copyright%20industries%20contributed%20more%20than%20$1%20trillion%20in%20value%20in%202012%20to%20the%20U.S.%20economy%20(almost%206.5%%20of%20the%20total%20U.S.%20GDP).%20The%20study,%20Copyright%20Industries%20in%20the%20U.S.%20Economy%3A%20The%202013%20Report<%2Fem><%2Fa>,%20records%20the%20economic%20influence%20and%20contributions%20of%20industries%20in%20the%20U.S.%20dealing%20with%20the%20creation,%20production,%20distribution,%20broadcasting%20and%20exhibition%20of%20copyright%20materials. %0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.bookbusinessmag.com%2Farticle%2Fnew-study-reveals-strength-copyright-industries%2F" target="_blank" class="email" data-post-id="1005" type="icon_link">
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The study drew many positive conclusions for core copyright industries and their impact on the U.S. economy. It found that they employed about 5.4 million U.S. workers (about 5% of the total private employment sector) who, on average, were paid 33% more than the rest of U.S. employees. The study also found that core copyright industries grew at a 4.7% aggregate annual rate, more than twice that of the growth for the U.S. economy. In addition, core copyright industries contributed $142 billion in foreign sales and exports, which far exceeds that of other sectors like aerospace and pharmaceuticals.
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