Local Stores Produce Bigger Economic Benefits, Survey Finds
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/local-stores-produce-bigger-economic-benefits-survey-finds/Three times as much money stays in the local economy when you buy goods and services from locally owned businesses instead of large chain stores, according to an analysis by the Institute for Local Self-Reliance and Friends of Midcoast Maine.
The study tracked the revenue and expenditures of eight locally owned businesses in the Maine towns of Rockland, Camden, and Belfast. The businesses—which represented a range of goods and services—collectively employed 62 people and had sales of $5.7 million in 2002.

