Should #nonprofits feel optimistic about their fiscal health this year?
There are signs that the economy is improving.

According to #DanParks of the #ChronicleofPhilanthropy, there are six economic indicators for nonprofits to watch that right now are showing mostly positive gains.
*Consumer sentiment index rose in March to its highest level in a year.
* Gross Domestic Product rose by 4.3% this quarter.
* Regional economic indicators may be more relevant to local non-profits. This has varied significantly, by region. For instance, the South and Midwest shut down less of their economy which may make donors feel more confident in the economy than in regions experiencing massive shutdowns.
* Unemployment is down from a high of 15% to 6.2%, which may reduce demand for some social services. But not all communities have experienced the same level of employment resiliency.
* #Stockmarket which took a hit at the beginning of the Pandemic has roared back stronger and saw record increases in the Fall.
* #Federalstimulus of $1.9 trillion includes $350 billion to states and localities who will in turn pay nonprofits what they owe and continue to contract for services.


$50,000 million will go to nonprofits to boost hiring and meet increased demand for services.
#fundraising