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Local supports Local

February 11, 2009

A recent article in the newspaper states that when a consumer spends $100 in a neighborhood business it creates $68 in additional local economic activity; while spending $100 in a national chain store only produces $43 worth of local impact.  The article goes on further to explain that the largest components of local spending are: Wages and benefits paid to local employees; goods and services purchased from other local businesses, philanthropic business contributions to local causes & events, and taxes paid to state and local governments. 

With all of us looking for new ways to control spending, stretch our budgets and live within our means, it just makes sense to spend what we must where it will do the most good.  We as local merchants must continue to strive to earn your loyalty by providing the best value for your spending dollar.

Local supports Local….It’s more than a cliche’, it is the difference between succeeding and surviving.