ECONOMIC IMPACT & New study values faith in America at over one trillion dollars

–First-ever national research highlighting the impact of religion on U.S. economy–

National Press Club, Washington, D.C. — In a panel today, Dr. Brian Grim and Melissa Grim, J.D., unveiled their groundbreaking new study: “The Socio-economic Contribution of Religion to American Society: An Empirical Analysis.” The first-of-its-kind study analyzed the economic impact of 344,000 religious congregations around the country, in addition to quantifying the economic impact of religious institutions and religion-related businesses. Through this study, Dr. Grim found the total economic contribution of religion in America to be nearly $1.2 trillion, equal to the world’s 15th largest economy.

Dr. Grim presented his research at a panel event at the National Press Club. The panel included Dr. William Galston, Senior Fellow in the Brookings Institution’s Governance Studies Program, and Dr. Ram Cnaan, Professor and Program Director of the Program for Religion and Social Policy Research at the University of Pennsylvania.

“For the first time, we have been able to quantify what religious institutions, faith-based charities, and even businesses inspired by faith contribute to our country,” said Dr. Grim. He continued: “In an age where there’s a growing belief that religion is not a positive for American society, adding up the numbers is a tangible reminder of the impact of religion. Every single day individuals and organizations of faith quietly serve their communities as part of religious congregations, faith-based charities, and businesses inspired by religion.”

Despite prolonged economic hardship in many communities, the amount of money spent annually by religious congregations on social programs has tripled in the past 15 years. Some examples of the social issues addressed by these congregations and religiously-oriented charity groups include:

  • Alcohol and drug abuse recovery—130,000 programs
  • Veteran and veterans’ families support—94,000 programs
  • Prevention or support for people with HIV/AIDS—26,000 programs
  • Support or skills training for unemployed adults—121,000 programs

Read more at … http://us3.campaign-archive2.com/?u=0281220d693effe440b6c2268&id=293a489790&e=2e64457755