by Rick Levine | Sep 13, 2020 | Local Economy, Research Papers
Calls to “buy local” seem to have sprung up everywhere in recent years. Recognition of the crucial role small businesses play in creating jobs, strengthening community cohesion and enhancing local character is rising — thanks largely to a rapidly growing number...
by Rick Levine | Sep 13, 2020 | Local Economy, Research Papers
The current pandemic has negatively impacted nearly all aspects of the economy, including small businesses and startups. According to EntryPoint’s COVID-19 Business Impact Report, much like the rest of the nation, 97% of businesses in the Ann Arbor, MI region have...
by Rick Levine | Sep 13, 2020 | Local Economy, Shop Local
Economic anxiety remains high, but the world has found a new normal in lockdown even though we miss our lives. A new wave of digital shoppers will emerge and consumers are now more in favour of products that are have been produced locally. These are some of the...
by Rick Levine | Jun 30, 2020 | Local Economy, Research Papers
Civic Economics, Aug. 2012. In this study, Civic Economics analyzed data from fifteen independent retailers and seven independent restaurants, all located in Salt Lake City, and compared their local economic impact with four national retail chains (Barnes & Noble,...
by Rick Levine | Jun 30, 2020 | Local Economy, Research Papers
Civic Economics, Sept. 2008 This study concludes that if residents of Grand Rapids and surrounding Kent County, Michigan, were to redirect 10 percent of their total spending from chains to locally owned businesses, the result would be $140 million in new economic...
by Rick Levine | Jun 30, 2020 | Local Economy, Research Papers
Civic Economics, Sept. 2009 This study examined financial data from 15 locally owned businesses in New Orleans and compared their impact on the local economy to that of an average SuperTarget store. The study found that only 16 percent of the money spent at a...
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