Since about 12% of world-wide population is part of a coop[1] there are a lot of statistics. Of interest around stability[2]:
- The economic activity of the 30,000 cooperatives in the U.S. contributes an estimated $154 billion to the nation’s total income. The co-ops have helped to create over 2.1 million jobs, with an impact on wages and salaries of almost $75 billion (Deller et al 2009).
- Cooperative businesses have lower failure rates than traditional corporations/small businesses: after the first year (10% failure versus 60-80%) and after 5 years in business (90% still operating versus 3-5% of traditional businesses) (World Council of Credit Unions study in Williams 2007). Evidence also shows that cooperatives both successfully address the effects of crises and survive crises better (Borzaga and Calera 2012).
- Since most cooperatives are owned and controlled by local residents, it is more likely to promote community growth than an investor-oriented firm. Since cooperative business objectives are needs oriented, cooperatives are more likely to stay in the community (Zeuli, Freshwater et al 2003).
- Cooperative businesses stabilize communities because they are community-based business anchors; and distribute, recycle, and multiply local expertise and capital within a community. They enable their owners to generate income, and jobs; accumulate assets; provide affordable, quality goods and services; develop human & social capital (Gordon Nembhard 2002, 2004b, 2008a; Fairbairn et al 1991; Logue and Yates 2005).
- Cooperative start-up costs can be low because: are eligible to apply for loans and grants from a number of federal and state agencies designed to support co-op development; are often provided relatively low cost loans from non-governmental financial institutions like cooperative banks because they are chartered or established to do so (Zeuli, Freshwater et al 2003).
- WAGES in Oakland CA finds that after owning the house cleaning co-op the worker-owners’ median income increased to over $40,000 (before the co-op the Latina owners had a median income of $24,000). Ownership in the co-op has put their income higher than the national average of $38,000 for Latinos/as (http://www.wagescooperatives.org/economic-empowerment)
- Food co-ops spend more revenues locally, buy more products locally, buy more organic produce, recycle more plastic, and create more jobs than conventional grocers. For every $1,000 spent at a food co-op, $1,606 goes to the local economy; for every $1 million in sales, 9.3 jobs are created (Yes! Magazine 2013).
[1]: https://www.ica.coop/en/global-co-operative-statistics
[2]: http://www.geo.coop/story/fact-sheet