Buying locally is more than just a 'feel good' opportunity: research has shown that there is a profound economic impact that occurs when we keep the money local. When we support local factories, it has a double life. Not only are you purchasing from the distributor that is selling the goods but you are pumping more dollars to the local factory that is designing, manufacturing, shipping and employing local workers; this doubles the impact of those dollars. It gives the money you spend a double life.
The New Economics Foundation, NEF, is an independent think tank that inspires and demonstrates real economic well-being. They are unique in that they combine rigorous analysis and policy debate with practical everyday solutions that are implemented daily in communities across the globe. Recently NEF conducted a scientific analysis on the effects of purchasing food grown locally to food purchased at large chain grocery stores. Their research verified that twice the money stayed in a community when purchased at farmer's markets. That means those purchases are twice as efficient in terms of keeping the local economy alive. Money is like blood; it needs to keep moving around to keep the economy going.
With furniture frequently the largest capital expenditure in an office relocation, the opportunity to purchase USA made furniture and the ability to stimulate our struggling economy has never been more vital. When making a large acquisition such as furniture or one with less of a dollar significance, just know, they all have an immediate positive affect for our community; there is a ripple effect to our purchasing habits. Think Globally and Buy Locally when possible; our children will thank us.
Download Buy Local Buy USA featured in the San Diego Business Journal