Mercer County Executive Brian M. Hughes encourages residents, who are preparing to make their shopping trips this holiday season, to consider the many small businesses in Mercer, some of which may be only a short distance away.
“The effect on our economic development community can be significant when we decide to buy local,” the County Executive said.
“Several studies have shown that when you buy from an independent, locally owned business, more of that dollar spent is reinvested into the community. That particular business is more likely to purchase goods or services from local or regional businesses, and thus stimulate more economic growth.”
For example, he said, studies have shown that for every $100 spent at a retail chain, there is a $43 return to the community. On the other hand, for every $100 spent at a local business, there is a return of $68 to the community.
“I would like to thank all of our local businesses and ‘buy local’ organizations that sponsor a sports team, support a local nonprofit or donate to a specific cause or program,” he said. “Their generosity uplifts communities and positively affects people’s lives.”
Besides these benefits, buying local generates more local job opportunities and creates environmentally friendly practices, the County Executive said.
“Whether it’s visiting a nearby retail store or buying a gift card at a local restaurant, let’s all remember our independently owned businesses this holiday season and the important impact that these businesses have on our daily lives,” he said.