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Buying Local Does Matter
September 23, 2009
Posted by: Sheila
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."
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