Let's Get Fresh: The Bridgeport Farmers Market Builds our Community
By Connect-Bridgeport Staff on March 08, 2015 from Let’s Get Fresh
- Local retailers return a total of 52 percent of their revenue to the local economy, compared to just 14 percent for the national chain retailers.
- Local restaurants recirculate an average of 79 percent of their revenue locally, compared to 30 percent for the chain eateries.
- Spending $100 with locally owned businesses creates $45 worth of local economic activity, while spending $100 at chain businesses generates just $13 in local economic activity.
- Charitable donations per $1 million in sales from big box stores: approximately $1,000. Charitable donations per $1 million in sales from locally owned businesses: $4,000+.