Buying Local Does Matter

Posted by Sheila Redick on September 23, 2009

We ran across this interesting piece out of Hendersonville, N.C., on the economic effects of buying from local, independent retailers.  This paragraph was particularly telling: "A recent study by the firm Civic Economics makes the issue crystal clear, for every $100 spent locally, $45 stays in the community. However, if the same dollars are spent at a chain store, the analysis found that only $13 of that $100 stays locally."