The Economic Value of Religion in America

money-and-the-churchToday’s guest post comes to us from EvangelicalFocus.com.

A new first-of-its-kind study has taken an empirical look at the true “value” of faith, and found that religion is worth $1.2 trillion to the US economy, more than the worth of technology giants Apple and Microsoft combined.

The Interdisciplinary Journal of Research on Religion has released the study, made by Georgetown University’s Brian Grim and Newseum Institute’s Melissa Grim, which includes the value of services produced by religious organisations, and the impact religion has had on several top American businesses.

Religion is a $378 billion to $4.8 trillion boost to the US economy, the Grims found. At the high end, religion makes roughly the same amount as a third of the United States GDP.

The authors concluded: “Religion is a highly significant sector of the American economy. It provides purpose-driven institutional and economic contributions to health, education, social cohesion, social services, media, food and business itself.”

“Perhaps most significantly, religion helps set Americans free to do good by harnessing the power of millions of volunteers from nearly 345,000 diverse congregations present in every corner of the country’s urban and rural landscape”, they concluded.

Click here to read the full article.

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Nelson

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About Nelson Searcy

Nelson Searcy is an experienced church planter, coach and church growth strategist, working with churches in over 45 denominations. Nelson is also the Founding and Lead Pastor of The Journey Church, with locations across New York City and in San Francisco and Boca Raton, FL. He first developed the Assimilation System 10 years ago at the Journey Church and has since implemented and improved these strategies with over 3,000 churches across all sizes and denominations. He started coaching pastors in 2006 and has personally coached over 2100+ senior pastors, helping them break common growth barriers like 125, 250, 500, 1000 and beyond, all while maintaining personal life and ministry balance. As founder of Church Leader Insights and the Renegade Pastors Network, he has trained more than 50,000 church leaders (3,000+ church planters). He is the author of over 85 church growth resources and 17+ books, including Fusion: Turning First-Time Guests Into Fully-Engaged Members of Your Church and The Renegade Pastor: Abandoning Average in Your Life and Ministry. His continued mission is to help church leaders around the world cooperate with God in creating healthy, thriving churches. Nelson is married to Kelley and together they have one son, Alexander.

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