Where you spend your money matters
Supporting locally owned businesses keeps jobs and dollars circulating in Kootenai County.
Basic local economy 101
When you spend on locally owned businesses, money stays in the community and grows as it recirculates. Businesses provide jobs; employees spend locally; more jobs strengthen the economy. Consumers and local businesses are two sides of the same coin—one cannot exist without the other.
Spend $100 — what comes back?
For every $100 you spend:
Online retailer
< $1.00
Taxes only, essentially
Big box / chain
$13.60
Mostly wages that leave
Locally owned retailer
$47.70
Stays and recirculates
Locally owned restaurant
$64.90
Highest local return
Source: civiciconomics.com/indie-impact.html