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Economy12:30 · Jul 28

Taubuna Conference Reveals Economic Power of Haredi Sector in Israel

By ליפא גינסברגר
Translated & summarized from Behadrei Haredim by baba
Taubuna Conference Reveals Economic Power of Haredi Sector in Israel
Editorial illustration generated by baba News — not a photograph of the event.
The story · English

The Taubuna economic conference, scheduled for Thursday, August 20, at the Binyanei HaUma convention center in Jerusalem, will present comprehensive data highlighting the significant economic strength of Israel's Haredi community. While public discourse often focuses on budget, welfare, and employment challenges within the Haredi sector, the conference aims to shift attention to its purchasing power, economic influence, and growth potential. According to the data to be unveiled, Haredi households have a monthly purchasing power of approximately 4.3 billion shekels, totaling over 51 billion shekels annually.

Taubuna emphasizes that these figures represent more than statistics; they reflect the substantial economic impact of a large and influential community integral to the Israeli economy. The organization stresses that better understanding by policymakers, financial institutions, and community leaders can lead to more precise solutions for families and communities. The conference will feature new economic findings and analyses on consumption trends, household financial behavior, and key challenges faced by the Haredi public, alongside discussions on growth opportunities in the coming years.

In addition to data presentations, the event will gather senior business figures, public officials, financial experts, mortgage advisors, charity managers, financial coaches, and community leaders for lectures and professional panels. These sessions aim to provide practical tools for those supporting Haredi families in managing their finances. Taubuna's goal is to transform the conversation from focusing solely on difficulties to recognizing and leveraging the sector's economic power, which circulates tens of billions of shekels annually, for the benefit of families, communities, and the broader Israeli economy.

Read the original at Behadrei Haredim
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