At the most basic level, when you buy local, more money stays in the community. A number of researchers and organizations are taking a closer look at how money flows, and what they’re finding shows the profound economic impact of keeping money in town—and how the fate of many communities around the nation and the world increasingly depend on it.
They found that twice the money stayed in the community when people buy locally. That means local purchases are twice as efficient in terms of keeping the local economy alive. Good news for small town USA!
By shopping at the corner store instead of the big box, consumers keep their communities from becoming ghost towns, devoid of neighborhood shops and services, or clone towns, where Main Street now looks like every other Main Street with the same fast-food and retail chains.
Another argument for buying local is that it enhances the circulation speed of money in the area. The idea is that if currency circulates more quickly, the money passes through more hands—more people get the benefit of the money and what it can purchase for them. If you’re buying local and not at a chain or branch store, your money stays in the area, for use by that business for supplies and upkeep, printing, advertising, paying employees. That puts that money right back in the community.
Nebrasky Plumbing Heating and Air Conditioning, now in our 25th year in the Orange County area, is proud to be a local business. We’re locally owned, locally operated, and our staff and employees are local residents. We thank you for your support of our local business!