In today's NY Times there is an article on this topic, and here are two quotes:
"Bad times are good for evangelical churches. 'It’s a wonderful time, a great evangelistic opportunity for us,' said the Rev. A. R. Bernard, founder and senior pastor of the Christian Cultural Center in Brooklyn, New York’s largest evangelical congregation, where regulars are arriving earlier to get a seat.
'When people are shaken to the core, it can open doors.'”
Some of these evangelical churches are seeing huge growth - 10 and 20 percent jumps in membership over the past year. Yet the Watchtower organization saw barely the same minimal rate of growth - 2% - that it has been suffering under for a decade or more, and no growth or negative numbers in the first world countries that are suffering the worst from this economic crisis.
I think that says a great deal about the waning appeal of the Witnesses. Even as we're facing the worst financial and business crisis in modern history, no one is seeking out answers or solace from the Watchtower organization, even though billions of hours are spent on recruitment.