From the Washington Post:
Corporate bankruptcies surged in 2025, rivaling levelsnot seen since the immediate aftermath of the GreatRecession, as import-dependent businesses absorbedthe highest tariffs in decades.
At least 717 companies filed for bankruptcy throughNovember, according to data from S&P Global MarketIntelligence. That's roughly 14 percent more than the same11 months of 2024, and the highest tally since 2010.
--Companies cited inflation and interest rates among thefactors contributing to their financial challenges, as wellas Trump administration trade policies that have disruptedsupply chains and pushed up costs.But in a shift fromprevious years, the rise in filings is most apparent amongindustrials — companies tied to manufacturing, constructionand transportation. The sector has been hit hard by PresidentDonald Trump's ever-fluid tariff policies — which he's longinsisted would revive American manufacturing. Themanufacturing sector lost more than 70,000 jobs in the one-year period ending in November, federal data shows.
Illustration: Aïda Amer/Axios
The U.S. is undergoing its fastest religious shift in modern history, marked by a rapid increase in the religiously unaffiliated and numerous church closures nationwide.
Why it matters: The great unchurching of America comes as identity and reality are increasingly shaped by non-institutional spiritual sources — YouTube mystics, TikTok tarot, digital skeptics, folk saints and AI-generated prayer bots.
- It's a tectonic transformation that has profound implications for race, civic identity, political persuasion and the ability to govern a fracturing moral landscape.
By the numbers: Nearly three in 10 American adults today identify as religiously unaffiliated — a 33% jump since 2013, according to the nonpartisan Public Religion Research Institute (PRRI).
- That's quicker than almost any major religious shift in modern U.S. history, and it's happening across racial groups, an Axios analysis found.
- About four in ten Americans ages 18 to 29 identify as religiously unaffiliated (38%), an increase from 32% in 2013, PRRI said.
Driving the news: The religious shift has made it harder for political parties and candidates to reach voters, Sisto Abeyta, a Democratic political consultant based in New Mexico with the Nevada-based firm TriStrategies, tells Axios.
- "We have to find (religiously unaffiliated voters), engage them and answer their skeptical questions, rather than just go to a church and pass out campaign literature," Abeyta said. "And they're growing in numbers."
- It costs campaigns about $1.40 to reach out to a single religiously unaffiliated voter, compared to $ 0.45 per faith-based voter, he said.
Zoom in: Around 57% of Americans today seldom or never attend religious services, a jump from 40% in 2000, per a recent Gallup survey.
- An unprecedented 15,000 churches are expected to shut their doors this year, far more than the few thousand expected to open, according to denominational reports and church consultants.
- Leading experts say that — before the pandemic — a church should expect to lose about 15% of its members year over year — a rate of 1.2 million leaving churches annually nationally. That number has likely accelerated since then.
Between the lines: The racial makeup of Christians within each party is vastly different, and that is shaping the influence of faith voters on Democrats' and Republicans' platforms.
- Within the Republican party, the largest group is white Christians (68%) and only 12% identify as religiously unaffiliated, per PRRI.
- Among Democrats, Christians of color (35%) and religiously unaffiliated (34%) make up the bulk of the party.
Zoom out: The shift in religious activity also is leaving behind a trail of "church graveyards," or empty buildings that are now difficult to sell or have been abandoned.
- These churches once served as community gathering places for Alcoholics Anonymous meetings, voting precincts, or town halls, leaving a void.
- Megachurches show signs of stability but not enough to reverse overall declines.
The intrigue: As Americans unchurch, YouTube channels like Spiritual Manifestation attract hundreds of thousands of subscribers who share mysticism, spiritual insight, and "inner wisdom" content online.
- YouTube videos of speeches by the late agnostic and astronomer Carl Sagan and atheist and biologist Richard Dawkins attacking religion have drawn millions of views.
- Devotees to unofficial Catholic Latino folk saints such as Santa Muerte and Jesús Malverde have also become increasingly prominent outside official religion, with tens of millions of devotees across the Americas.
- AI and chatbot technology are being used by millions for spiritual guidance, confession and prayer, with apps like Bible Chat reaching more than 30 million downloads.
Yes, but: Some Christian conservatives have framed the Sept. 10 assassination of right-wing activist Charlie Kirk as a potential inflection point for a religious "awakening" and for Gen Z to revitalize churches.
- At a candlelight vigil in Cambridge, Mass., for example, attendees prayed and shared stories of renewed church attendance, including a TikTok user saying Kirk's death motivated him to go to church after years away.
Reality check: There is no widespread academic or mainstream evidence of a large-scale national religious awakening, PRRI CEO Melissa Deckman tells Axios.
- Despite anecdotal and media reports about Gen Z men returning to church, there's little evidence it's happening beyond scattered examples to reverse the overall decline, she said.
The bottom line: The old religious map is disappearing.
- The new one — digital, more secular, decentralized and deeply fragmented — is only beginning to take shape.
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