THE POWER OF Associations In his "End of the Century" address at the National Press Club in Washington, D.C., in December, American Society of Association Executives President and CEO Michael S. Olson, CAE, delivered statistics that reveal the economic power of associations and their contributions to the country's past and future growth. The state of associations is solid, he says, and he has the numbers to prove it.
* Associations are a leading force in the workplace, contributing an annual $50 billion to the nation's economy.
* America's 501(c) community represents more than 12 percent of the country's gross domestic product.
* Associations employ more people than the federal government and 50 state governments combined.
Source: Statistics from research and trend reports conducted by American Society of Association Executives, Washington, D.C.