Retail spending accounts for one third of spending (GDP), so it's no wonder George Bush encouraged us to go out and shop. I would like to encourage you to SHOP LOCAL!
With the "flattening" of the global economy, China and India will continue to impact businesses in North American and Europe. Globalization benefits large corporations who can afford large scale production, while small businesses are left to fight for their share of the pie. Yet at the time, niche markets are growing and for small business owners it is important to pay attention to the needs of the local customer.
This is incredibly viable for New Yorkers, who can visit the Union Square Farmer's Market, drink organic wine from vineyards Upstate and buy clothing that is made (at least sewn) in the area.
There's a great little booklet I want to introduce: "A Guide to East Village Local Shops" made by the East Village Community Coalition that urges you to "shop local" and "drop chain stores".
Their bio:
"The East Village Community Coalition works to recognize, support, and sustain the built and cultural character of the East Village. This character includes a diverse population; low-rise, human scale, blocks and affordable buildings with historic and architectural significance; a multitude of community gardens; indigenous stores and businesses; and the neighborhood's history and ongoing tradition as a haven for those seeking freedom to express artistic, creative, and social concerns.
Our initiatives are the Get Local! in our neighborhood. Our efforts focus on preservation and zoning, local retailing, and transportation."
Pretty great stuff!
*I Love Eco totes are sold at a local eco boutique Sustainable NYC*
