Education

5 Reasons To Shop With Locally-Owned, Independent Businesses

You'll keep Santa Fe "The City Different" by helping our unique businesses thrive.
You'll keep more tax dollars in our community to spend on schools, parks, police and fire departments, and other important services.
You'll help independent businesses remain Santa Fe's largest employer.
You'll help local businesses that are owned by people who live here and care about Santa Fe's future.
You'll help our non-profit organizations because they receive their greatest support from locally-owned businesses.

Did You Know . . .

For every dollar spent locally, 45 cents stays within the economy. But only 13 cents spent at a non-locally owned store stays in our community.
-Civic Economics, Austin, TX, 2002

Approximately 4200 or 90% of all businesses in Santa Fe are small, locally owned businesses.
-Angelou Economics report calculates 90% of city businesses are locally owned

Independent businesses are Santa Fe's largest employer. By spending money with them, you'll help provide new jobs. 78 % of the community work for locally owned employers.
-Santa Fe Economic Development, Santa Fe, New Mexcio

Locally owned businesses recycle a higher percentage of profits back into the local economy. This helps keep taxes in our community to support schools, parks, police and fire departments, etc.
-Santa Fe Alliance ongoing Local Multiplier Study; will have concrete figures in 2005

Regionally, national chain stores rarely create an increase in retail spending, however they do create a net loss in local employment.
-Boxes Cost Jobs, The Walmart Effect, June 2004, David Moberg, In These Times

Two major chains, when compared with local businesses, gave 75% less to charities than locally owned businesses.
-The Institute for Local Self Reliance, Sept. 2003 – The economic impact of locally owned businesses versus chains, a case study in mid-coast Maine

Santa Fe Information

Cultivating Santa Fe's Future Economy: Economic Development Strategy, Angelou Economics, April 2004 [pdf, 965k]

Buy Locally-Owned Awareness – SW Planning & Mktg., July, 2004 [pdf, 116k]

Santa Fe Independent Business Report – Angelou Economics, November, 2003 [pdf, 364k]

The Effects of National Chain Businesses on Gross Receipts Tax in Santa Fe - Santa Fe Alliance, November, 2004 [pdf, 96k]

General Information

Corporations Rule – Rob Rekoon, Eldorado Sun News, July, 2002

Strengthening Peace through Building the Local Economy – Sarah Laeng-Gilliant, Eldorado Sun News, April, 2003

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