When you think about some of the big industries that have a major impact on the economy, you might think of things like banking, manufacturing or the technology sector. But your mind probably doesn’t go right to religion.
However, a recent study found that religious goods, services and institutions are actually worth around $1.2 trillion a year. And that doesn’t even include things like holiday dinner items or the value of religiously owned physical or financial assets. So it’s actually a fairly conservative estimate.
That means that the U.S. faith economy is worth more than the annual earnings of Apple and Microsoft combined.
Report Shows That Religion is Big Business (Watch)
Posted by lyceum under NewsFrom http://smallbiztrends.com 2798 days ago
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