FastCo reports on the results of a study by Civic Economics on Just How Awesome shopping locally is. Result: It’s Incredibly Awesome.
Some numbers: “…independent stores recirculate 55.2% of revenues compared to 13.6% for big retailers, and that local restaurants recirculate 67%, while big chains do 30.4%.”
What that means: “The extra dollars in the local economy produce more jobs for residents, extra tax revenues for local governments, more investment in commercial and residential districts, and enhanced support for local nonprofits.”
Basically: “In short, these businesses create better places.”