"Locally-owned businesses create communities that are more prosperous, entrepreneurial, connected, and generally better off across a wide range of metrics."
Every Local Dollar Matters
"An average of two-thirds of every dollar ($0.67) spent at local businesses in the U.S. stays in the local community."
"Every dollar spent at local businesses creates an additional 50 cents in local business activity as a result of employee spending and businesses purchasing local goods and services."
"Local businesses recirculate a greater share of every dollar in the local economy, as they create locally owned supply chains and invest in their employees."
"Locally owned businesses employ more people per unit of sales, and retain more employees during economic downturns, while big-box retailers and e-commerce decrease the number of jobs in a region."
"Community’s level of social capital, civic engagement, and well-being is positively related to the share of its economy held by local businesses, while the presence of mega-retailers and e-commerce undermines social capital and civic participation."