Whitmer proclaims Nov. 27 Small Business Saturday
Michigan Gov. Gretchen Whitmer on Tuesday declared November 27 as Small Business Saturday in Michigan and urges Michiganders to buy locally this Saturday and throughout the year to support Michigan’s small businesses.
“Small businesses are the backbones of our communities, and we want to remind Michiganders that supporting local businesses and entrepreneurs creates jobs, leads to more vibrant communities, and builds a stronger economy for everyone,” said Whitmer. “Our small businesses demonstrated incredible resiliency throughout the COVID-19 pandemic, and we should celebrate them and their invaluable contributions to our state by shopping local this holiday season.”
According to the U.S. Small Business Administration, small businesses comprise more than 98 percent of Michigan businesses and employ half of Michigan workers. For every $100 spent at a local business, roughly $68 stays in the local economy, allowing business and job growth.
In addition, according to the Michigan Retailers Association, one in five Michigan jobs are in the retail industry. In 2020, Michigan residents sent $23.7 billion to out-of-state retailers. If only one in 10 out-of-state purchases were switched to local stores, Michigan would gain $1.9 billion in increased economic activity, creating 14,000 new jobs.
In 2020, the Michigan Economic Development Corporation (MEDC) launched the “Support Local” campaign to remind Michiganders of the importance of supporting local businesses during the holidays and throughout the winter season. The Support Local landing page at michigan.org/supportlocal offers resources that help residents shop and eat local, including links to vibrant downtowns?that are filled with local shops specializing in décor, fashion, pet toys, hardware and more.
For the craft beverage lover, Michigan’s beer,?wine?and?spirits?can be found throughout the state at brick-and-mortar shops and local grocery stores. Around Michigan, independent bookstores?overflow with page-turning stories and gifts. To refuel, shoppers can visit one of Michigan’s coffee shops?and get a bag of beans to brew at home.?Or give the gift of travel, creating memories at destinations throughout the state.
“Small businesses play a vital role in their local communities and have been through unprecedented?challenges?during this pandemic,” said Brian Calley, president of the Small Business Association of Michigan. “Small Business Saturday is the perfect opportunity to celebrate them and show our support during the busy holiday season.”?
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy.?For additional information on the MEDC and its initiatives, visit www.MichiganBusiness.org.
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