City & Local

Community Economics

3 articles

A lively street filled with diverse, independent local businesses and happy shoppers, illustrating the positive economic and community impact of supporting local.
Local Guides

What Are The Benefits of Supporting Local Businesses?

For every $100 spent at a locally-owned business, $73 remains directly within the local economy, significantly boosting community wealth.

Hannah Pierce·August 23, 2026
A lively street filled with diverse local businesses and happy customers, symbolizing community economic strength and connection.
Business Spotlights

What Are the Benefits and Challenges of Supporting Local Businesses?

For every $100 spent at a local independent business, nearly half — 48% — is recirculated directly back into the local economy.

Marco Alvarez·August 4, 2026
A lively street scene with diverse people shopping and interacting at various local businesses like a bakery, bookstore, and cafe, under warm sunlight.
Business Spotlights

Why Local Dollars Do More: Inside the Local Multiplier Effect

Money spent at locally owned businesses recirculates more within the community through wages, suppliers, and banks, creating a significant local multiplier effect. This economic recirculation strengthens local jobs, tax bases, community character, and environmental sustainability.

Marco Alvarez·April 2, 2026