I’ve heard it both ways. Some say the economy squeezes charitable giving. See for example, the article in the Ohio University Post at

http://www.thepost.ohiou.edu/Articles/Culture/2008/10/06/25728/

Also see the very fine report at

http://philanthropy.com/free/articles/v20/i08/08000601.htm

in The Chronicle of Philanthropy.
But others maintain that giving seems to be the least-impacted in times of financial crunch. What’s your situation? Jot a note about your situation by clicking on “Comment” below.