Economic Impact on Associations from McKinley Advisors
To access McKinley’s “2017
Economic Impact on Associations,”
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McKinley Advisors released the 2017 edition of its annual Economic Impact on Associations study, and the results show
a trend of confidence in the economic stability of associations. The study, in which they surveyed association executives
across a variety of trade and professional associations, shows that the overwhelming majority of association met or
exceeded their financial goals.
For the first time in the study’s history, membership retention/recruitment is not the highest priority for association
executives. Those concerns have been supplanted by a desire to generate non-dues revenue. On another positive note,
the addition of new staff is heavily outpacing the outsourcing of work, indicating growth within the associations industry.
Source: “2017 Economic Impact on Associations,” McKinley Advisors, March 2017, www.mckinley-advisors.com