Religion contributes more to economy than many giant corporations

Dawn: Religion is big business. Just how big? A new study, published Wednesday by a father-daughter researcher team, says religion is bigger than Facebook, Google and Apple — combined.

The article in the Interdisciplinary Journal of Research on Religion said that the annual revenues of faith-based enterprises — not just churches but hospitals, schools, charities and even gospel musicians and halal food makers — is more than $378 billion a year. And that’s not counting the annual shopping bonanza motivated by Christmas.

Georgetown University’s Brian Grim and the Newseum’s Melissa Grim — in a study sponsored by an organisation called Faith Counts, which promotes the value of religion — produced a 31-page breakdown of all the ways religion contributes to the US economy.

The largest chunk of that $378bn tally comes from faith-based health-care systems. Religious groups run many of the hospitals in the United States; Catholic health systems alone reportedly account for 1 in 6 hospital beds in the country.

Then there are churches and congregations themselves. Based on prior censuses of US bodies of worship, the Grims looked at 344,894 congregations, from 236 different religious denominations (217 of them Christian, and others ranging from Shinto to Tao to Zoroastrian). Collectively, those congregations count about half the American population as members. The average annual income for a congregation, the study said, is $242,910.

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  1. Religion contributes more to economy than many giant corporations
    Brian Grim and Melissa Grim – you omitted the cost of wars – cused by RELIGION – through igorance of tte truth about religon.

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