February 18, 2014
Demand for locally produced food and other products is surging, according to multiple reports. This is great news for small purveyors, manufacturers, retailers and local communities. Here’s a look at the financial impacts of buying local.
72: Percentage of shoppers who bought locally grown food in the last year, up 9 points since 2010.
7,175: Number of farmers’ markets in the U.S. in 2011, up 53 percent since 2008.
45 cents: Portion of every dollar spent locally that’s reinvested locally.
18 cents: Portion of every dollar spent on nonlocal supermarket produce that goes to producers; 82 cents goes to middlemen.
$20,350: Amount returned to the local economy in wages, products, taxes and nonprofit giving when one family buys only from local businesses for one year.
3: Number of local business jobs lost for every two jobs created by a national chain.
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