Baptist Press
By Aaron Earls, posted October 15, 2024 in Lifeway
BRENTWOOD, Tenn. (BP) — Heading into an election where the economy is top of mind for many voters, pastors say finances have been difficult at their church this year.
A Lifeway Research study found 66% of U.S. Protestant pastors say the economy is very or somewhat negatively impacting their church. The 2 in 3 pastors who report a negative economic impact is the highest since 2011, and the 14% who say the impact has been very negative is the highest ever recorded in the 15-year history of the study.
Around 1 in 14 (7%) say their church is seeing a positive impact. A quarter (24%) aren’t seeing any impact either way, and 3% aren’t sure.
Last year, 50% said they experienced a negative impact, 40% no impact and 8% a positive impact. In 2022, 52% reported a negative effect, 40% said it was having no effect and 7% saw a positive influence.
“National trends of a favorable stock market along with unfavorable inflation and interest can influence a local congregation’s finances, but so do more local factors that contribute to economic problems or prosperity in the church’s community,” said Scott McConnell, executive director of Lifeway Research. “In general, pastors have turned a little more negative in describing economic forces impacting their church this year.” More Here
