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Industry Outlook

The research group IBISWorld reported that in 2018, the dance studios industry generated $3.6 billion in revenue and that consumer spending on dance instruction had increased gradually since 2013. The U.S. Department of Labor (DOL) reports that the number of jobs for dancers will grow by only 1 percent through 2028, and those for choreographers will decline by 3 percent during the same timeframe. Interest in traditional dance has been declining, and there is increased interest in popular dance, which will lead to a rise in registration at dance schools and the need for choreographers.

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