Americans spend about $700 between Nov. 1 and Dec. 31, according to the National Retail Federation. Numerous studies show that if those dollars are shifted to locally owned, independent businesses, they’ll generate 2-3 times as much economic activity in local communities than if that money had been spent at a national chain.<\/div>\n
\n
“Studies have shown that spending at local independent retailers generates 3.7 times more direct local economic benefits than spending at chains,” says Michael Malin, Member of Capital District Local First and Director of Marketing for Mr. Subb in Cohoes.<\/p>\n
Locally-owned businesses spend more money in the local area, including using more local goods and services such as banking, printing, advertising, legal services, furnishings and more. Through this “multiplier effect,” the added taxes collected from local expenditures provide support for local schools,
\nparks, law enforcement and more.<\/p>\n
And that’s not the only impact. When customers choose eco-conscious businesses, they also help keep their communities green. Vikki Casey-Ahmed, owner of Sonrise Diaper Service in Guilderland, another member of Local First of the Capital Region, washes and delivers about 500 cloth diapers each week, helping families across the region make the healthy choice and keeping more than a ton of garbage out of the landfill each week, an impressive accomplishment that makes a difference to all of us.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
Nancy Gold knows that nothing’s worse than long layovers with an uncomfortable bag. That’s why she and the rest of her team at Tough Traveler focus on making comfortable convenient luggage and bags right for any trip. Tough Traveler has been…<\/p>\n","protected":false},"author":135,"featured_media":11789,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"\r\n
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