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The Great Recession's Religious Downsizing [View All]

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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-29-09 09:44 AM
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The Great Recession's Religious Downsizing
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AP via Yahoo!:



Religious life won't be the same after downturn
By RACHEL ZOLL, AP Religion Writer


NEW YORK – Organized religion was already in trouble before the fall of 2008. Denominations were stagnating or shrinking, and congregations across faith groups were fretting about their finances.

The Great Recession made things worse.

It's further drained the financial resources of many congregations, seminaries and religious day schools. Some congregations have disappeared and schools have been closed. In areas hit hardest by the recession, worshippers have moved away to find jobs, leaving those who remain to minister to communities struggling with rising home foreclosures, unemployment and uncertainty.

Religion has a long history of drawing hope out of suffering, but there's little good news emerging from the recession. Long after the economy improves, the changes made today will have a profound effect on how people practice their faith, where they turn for help in times of stress and how they pass their beliefs to their children.

"In 2010, I think we're going to see 10 or 15 percent of congregations saying they're in serious financial trouble," says David Roozen, a lead researcher for the Faith Communities Today multi-faith survey, which measures congregational health annually. "With around 320,000 or 350,000 congregations, that's a hell of a lot of them." ...........(more)

The complete piece is at: http://news.yahoo.com/s/ap/20090928/ap_on_bi_ge/us_rel_meltdown_religion




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