Giving USA 2013: Giving Coming Back Slowly and Different After Recession - NPQ - Nonprofit Quarterly: The overarching news that this year’s Giving USA report shows us is that we are still climbing only very slowly out of the recession. (If you remember, the title of last year’s NPQ report on Giving USA was, “Giving USA 2012 Indicates Long Slow Uphill Slog…If We Are Lucky.”)
So although giving has increased by 3.5% in real dollars and 1.5% in inflation-adjusted dollars, giving overall is still down 8% in inflation-adjusted dollars from where it was in 2007. Is this five-year (so far) recovery on par with those that followed earlier recessions?
Looking at the graph below, we appear to be setting a record for slowest recovery.
No comments:
Post a Comment