It’s not just a nice notion to buy from local businesses, now we have the facts: it pays to shop local.
When we buy from locally owned businesses more money recirculates in the local economy. How much more? Nearly 3.7% more on average. This not only results in a heartier local economy and job creation, shopping small also bolsters community involvement and support for nonprofits.
“The extra dollars in the local economy produce more jobs for residents, extra tax revenues for local governments, more investment in commercial and residential districts, and enhanced support for local nonprofits. In short, these businesses create better places.”