| Why Buy Local? |
- Local spending keeps money in the community
- Local businesses employ your family, friends and neighbors
- Economic studies show that $1 spent locally has far greater impact than $1 spent with a national chain
- Money circulates (spent and re-spent) SEVEN times.
- When the $1 is spent locally a larger percentage
stays in the community
45% stays local if spent local
20% stays local when spent with chain/superstore
|
Dollars spent on Office Supplies
$5,00.00
Percent of money that stays in the community
| |
Spent in the Community |
Spent with Big Box Stores |
| 1 TIME |
$2,250.00 |
$1,000.00 |
| 2 TIMES |
$1,012.50 |
$200.00 |
| 3 TIMES |
$455.63 |
$40.00 |
| 4 TIMES |
$205.03 |
$8.00 |
| 5 TIMES |
$92.26 |
$1.60 |
| 6 TIMES |
$41.52 |
$0.32 |
| 7 TIMES |
$18.68 |
$0.06 |
| TOTALS |
$4,075.62 |
$1,249.98 |
Economic Impact on Local Community
$2,825.64
That is 226% |
|
