Posts Tagged ‘local economy’

Capitol Riot and Inauguration Lockdown Cost the City of DC Millions

January 26, 2021

“How big was the economic blow that the city received due to fears of a Jan. 6 reprisal? While it will take some time to come up with a final tally, the Downtown D.C. Business Improvement District is estimating a nine-figure loss. ‘From the pandemic point of view, the city is out $100 million-ish from the normal inaugural bump,’ says Gerry Widdicombe, director of economic development for the Downtown D.C. BID.”

–“What the Capitol Riot and Inauguration Lockdown Cost the City of D.C.,” Kriston Capps, Bloomberg CityLab

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Short link: https://wp.me/p6sb6-wBD

Photo by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

Small Business Saturday. Shop Local.

November 26, 2016

Small Business Saturday. Shop Local.

Yesterday, on “Black Friday,” millions of Americans spent billions of dollars with the multi-national corporations that sell imported products in U.S. shopping malls. Some of us resisted this retail feeding frenzy and bought nothing. Today people from both camps will buy local, shopping with neighborhood shops on Small Business Saturday.

$100 spent with local businesses returns $68 to the community vs. $43 spent at big box stores. So think outside the big box and shop local. The Small Business Saturday campaign was started in 2010 by American Express, but your local shopkeepers will really thank you if you pay cash and leave your Amex card at home (shops have to pay Amex swipe fees).

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Small Business Saturday: Shop Local

November 26, 2011

Small Business Saturday: Shop Local

Yesterday, on “Black Friday,” millions of Americans spent billions of dollars with the multi-national corporations that sell imported products in U.S. shopping malls. Some resisted this retail feeding frenzy and bought nothing. Today people from both camps will buy local, shopping with neighborhood shops on Small Business Saturday.

$100 spent with local businesses returns $68 to the community vs. $43 spent at big box stores. So think outside the big box and shop local.

More:

“Gift buyers like local mom-and-pop shops’ unique choices,” Erin Kutz and Jayne O’Donnell, USA Today

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Short Link: http://wp.me/p6sb6-bFD

Image (“Small Business Saturday, after Edward Hopper”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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