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Sustainability for local business crucial factor

Published: September 29, 2008

The intensity of the recent West Michigan Regional Policy Conference may have buried yet another important economic study released last week by Local First and funded by a Steelcase Foundation grant. Local First, a nonprofit group promoting local business ownership and patronage, commissioned research firm Civic Economics to conduct the study, which showed that even a 10 percent shift in consumer spending to locally owned enterprises would create 1,614 jobs and $53.3 million in wages, and would reduce unemployment by .05 percent in Kent County.

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