Washington, DC (PRWEB) June 06, 2011
As U.S. stocks fell this week--giving the Dow Jones Industrial Average its longest string of losses since 2004--many Americans are becoming increasingly doubtful about the direction of the US economy, according to a survey conducted by AlixPartners, a business advisory firm. Leaders in the non-profit sector, including Vincent Everett (CEO Works of Life International Ministries) are revamping their services to help people navigate the recession and give back to communities in need.
The results from the latest AlixPartners survey shows that 61 percent of those surveyed don't expect to return to their respective pre-recession spending habits until spring of 2014, if at all. Representatives from the firm say that Americans are pushing a recovery date further and further back, enough for it to feel realistically far away, but not too far away, from the present-day recession.
Many members of the non-profit community are taking the results of this survey, and others like it, as a reflection of a larger trend in the US of declining optimism about national economic recovery.
Among the figures in the non-profit world starting a discussion about what appears to be a deteriorating economy is Vincent Everett (CEO Works of Life International Ministries), who has recently sent out a public statement pointing out that charitable organizations like Works of Life are stepping up to offer alternative solutions at the grass-roots level.
For Everett, it's all about asking what an economic recession means to the individual.
"There are many factors that play into the national economic slump," says Everett, "For one, the housing market saw a dip in house prices that surpassed the decline in the Great Depression. Houses cost 33 percent less than what they did in 2007; this has never been seen before. Also, gas prices are curbing consumer spending--understandably, since the higher fuel prices are the less people are willing to spend on other things."
One way to improve your economic portfolio in the recession, mentions Everett, is to liquidate non-producing assets. He says, "The hard part is selling property in a market where people are holding on to their income because of economic uncertainty."
Works of Life accepts a variety of property donations that directly benefit charitable causes across the US. The organization, which works in tandem with its affiliate With Causes charitable network, has been in operation for over a decade and supports a range of worthy charitable causes through the contributions of generous donors.
"When you donate car, donate real estate, donate boat, or even donate aircraft, your charitable donation connects us to worthy charitable causes while at the same time giving you a way to pass along property that you no longer wish to own. It's an effective way to offer many people more space to improve their economic standing in this recession and to give back to the communities where those resources come from," adds Everett.
With Causes has emerged as viable resource for those who want to make a charitable contribution by donating property that no longer makes economic sense to hang on to. Representatives from the organization report that the number of donations is only growing, reflecting the increasing demand for services that route property donations to charitable causes. "It makes sense because people want to improve their economic standing in a tough market," says Everett. "We provide an avenue to do that."
Works of Life International Ministries
Online Car Donation
1081 S. Cimmaron
Las Vegas, Nevada 89145
About onlinecardonation/Works of Life Intl. Ministries Inc.:
Operating since 2002 Onlinecardonation is a non-profit, non-denominational faith-based charitable organization that provides charitable works for other like-minded organizations in the form of endowments, grants and much, much more.
Their clients range from social service agencies to private non-profits, hospitals and more importantly individuals with special needs including victims of crime, military families, those with physical challenges and victims of abuse.
Onlinecardonation has enjoyed a successful relationship with many like-minded charitable Organizations, developing residential based programs for those interested in Ministering to others but limited physically in doing so.
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