Thursday, September 23, 2010

New Business and Carbondale's Economy

While I'm happy to see new businesses such as Party City, Chili's and TJ Maxx coming into the city, it's the locally owned ones, such as the remodeled Pagliai's (which is posting some great sales figures), Hanger 9 (if it ever gets re opened), Walk the Line Shoes (ditto), Blue Fish Liquor and Cigars, Sew A Lot and whatever is going into the old Dragon Master's Tattoo location on West Main, that will do more to help the city's economic base.

According to most studies, more of the money spent at locally owned businesses stays in the local economy. For every $100 you spend at a Carbondale owned store, between $57 to $73 stays in the local economy, due to the store hiring local employees and services, buying from other local suppliers and contributing to local charities.

2 comments:

  1. I totally agree! I try to eat at local restaurants like Longbranch that use local food suppliers and shop at local stores.

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  2. Service businesses really don't matter. If one comes, another will go. Locally owned are a little better, but not a big deal. The business that count are the ones that produce something that is exported out of Carbondale area. SIU, factories, software shops, artists, etc.. they make the jobs that drive the service industries.

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