Press › In the News
Study Touts Impact of Local Merchants
Sep 22, 2009
Every $100 spent at a locally owned business on Magazine Street recirculates an average of $32 through the local economy, according to a study released Tuesday. The same amount of money spent at a national chain recirculates an average of $16 back into the local economy.
The Times-Picayune
by Stephanie Bruno:
Every $100 spent at a locally owned business on Magazine Street recirculates an average of $32 through the local economy, according to a study released Tuesday. The same amount of money spent at a national chain recirculates an average of $16 back into the local economy.