68! 43! Hike!
Pingree's Potato Patch
Studying the Economics of Detroit
This is another note to myself. The 3/50 Project is promulgating estimates that for every $100 spent at a local business, $68 returns to the local economy, while only $43 spent at nationally-owned chain stores stays local. Searching around and finding a poster with the same stats from Great Lakes Independent Booksellers' Association, it appears that these figures originate from "the Andersonville Study and others by the Civic Economics Group can be read online at www.civiceconomics.com".
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