Study Shows How Local Businesses Support Meaningful Local Livelihoods

Researchers from Pennsylvania State University have demonstrated the clear connection between small, locally-owned businesses and sustainable local livelihoods and economies. The study, published in Economic Development Quarterly, examined a range of U.S. counties from 2000 to 2007, finding a strong positive correlation between the presence of small, locally-owned businesses and per capita income. Such positive correlations, the researchers found, do not extend as significantly to larger outside employers and businesses like big-box stores.

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