Shop Locally! (Statistics) It helps more than you think!
Now that we’ve reached the time of year when we’ll all soon be getting our tax return checks in the mail, the thought of extra money is probably already burning a hole in your pocket. I’m sure some of you will be using it to pay down debt, fix up your home or some other special project you’ve been saving for. However, I also know a lot of you will be using it to purchase some of the “wants” in your life!
With all the great retail location to choose from in Murfreesboro, I want to give you something different to think about. Shopping locally.
If half the employed population spent $50 each month in locally owned independent businesses, it would generate more than $42.6 billion in revenue. Also, for every $100 spent in locally owned independent store, $68 returns to the community through taxes, payroll and other expenditures. If you spend that in a national chain, only $43 stays here.*
According to MSNBC, the average tax return is $2436. If only a quarter of that was spent here locally, that’s over $400 pumped back into our local economy. With Murfreesboro now having a population over 100,000 its very easy to see how this can make a difference here in our community.
I’m still learning about Murfreesboro and the changes this town has seen. One common thing I always hear, however, when talking about Murfreesboro’s past is the businesses that built this town. Some of which are still here, and some which are long gone. All of these have laid the path to the town that Murfreesboro is today, a rapidly growing city with a small hometown feel. Our locally owned brick and mortars are the foundation.
*Statistics courtesy of the 3/50 project.
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Short URL: http://murfreesboronewspress.com/?p=494
Posted by murfreesboronews
on Mar 30 2010. Filed under About Murfreesboro, TN, Murfreesboro Community, Murfreesboro News.
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