Industry Analysis & Industry Trends
Over the past five years, the industry suffered setbacks as people's religious beliefs weakened. Slowing participation numbers and donations, increased skepticism among younger generations and new religions brought stateside by immigrants are trends that will likely continue to occur over the next five years. Despite lower church attendance, revenue will experience slow growth as higher disposable incomes allow individuals to make more donations... purchase to read more
Industry Report - Industry Products Chapter
This industry provides religious services through different religious denominations. Products and services segmentation is estimated using Pew Forum's data on each religious tradition's membership, as well as estimated per capita donations for each religious tradition.
Protestant worship services
Protestantism is the largest religious tradition in the United States. As a result, protestant worship services account for the largest share of revenue. However, the Protestant population is further divided into hundreds of different denominations with distinct religious doctrines, and each individual church within these denominations usually operates independently... purchase to read more