![]() ![]() Sometimes even the merchandise you’re buying at a locally owned shop has been locally made. Locally owned shops can often order merchandise you may be seeking. You may get to know the owners or employees personally, and once they understand your taste, they can assist you better. There are other benefits from shopping locally too. Money that circulates through our local economy benefits every individual who may have had any role in that transaction. Remember, if you simply buy online from a national retailer, the local economic return is zero. One study in 2019 showed that local retailers return 52 percent of their revenue back into the local economy, compared to just 14 percent for national chain retailers. The local economic margin is higher when you buy from a locally owned store or restaurant since none of those profits get funneled up into a major corporation. Even when you make a purchase from a chain store locally, some of that money comes back into our community in these ways. These are just examples of some of the ways those local expenditures are returned to our community. Those funds then get distributed even further in our community when employees send their kids to dance class, when owners support local youth sports programs, and when building owners hire landscapers. ![]() The money you spend locally goes back into our community in the form of wages to local employees, profits for local owners, rent for local landlords, and more. When you shop in a local store you are supporting our local economy. ![]()
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