Buy Local
Tonasket Campaign
A dollar spent locally generates $5-$14 in the local economy.
Every purchase triggers purchases by others within a community. For instance, a dollar spent on rent might be spent again by the property owners at the local grocer, who in turn pays an employee, who then buys dinner at a local restaurant.
This phenomenon is what economists call "the multiplier." The more times a dollar circulates within a defined geographic area and the faster it circulates without leaving that area, the more income, wealth, and jobs it creates.
This basic concept in community economics highlights the importance of maximizing the numbers of dollars being spent locally. (Estimate based on numbers from Civic Economics that .68 of every dollar spent at a locally owned business stays in the community, while only .43 stays when spent at a chain.)