Released By The Executive Director
Association of
Alternative Newsweeklies
202/289-8484
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Richard Karpel
The readers of more than 70 alternative newspapers are being urged to spend
at least $100 of their holiday money this fall at locally owned stores in their
communities -- a move that could pump more than $2.9 billion into urban
economies during this recession-plagued season.
The project is based on data showing that money spent in locally owned
businesses tends to stay in the area and circulate through the community,
increasing economic activity. Economists call this the "multiplier effect."
"If every one of the 17.5 million readers of these weeklies were to spend
just $100 with local, independently owned merchants, the impact would be
enormous," said Jody Colley, publisher of the East Bay Express in
Berkeley/Oakland and the originator of the project.
The Business Alliance for Local Living Economies (BALLE) and the American
Independent Business Alliance (AMIBA) helped develop the unprecedented project.
The Association of Alternative Newsweeklies, a trade organization of 130
alternative newspapers, helped line up 73 papers in the United States and
Canada.
"This is an incredibly exciting and unprecedented effort by the press to
reach out and work with the local economic development community," said Erin
Kilmer-Neel, program officer at OneCalifornia Foundation, and active member in
both BALLE and AMIBA. "In my mind, this can be a perfect partnership -- local,
independently-owned publications helping other local indie businesses in their
community toward positive economic change."
Added Kilmer-Neel: "When people choose to shop at locally-owned, independent
businesses in their communities, they are re-circulating dollars in those
communities, supporting more local jobs, keeping their neighborhoods interesting
and unique and reducing their carbon footprints.
"We came out in the millions to make change this week by voting. Conscious
shopping, like voting, is a powerful way to make change. Collectively, we will
continue to spend billions and billions of dollars as we shop throughout our
lives -- imagine the power that this money can have if each one of us tries to
be conscious about where it goes."
The move is "simply part of our mission as a newspaper," Tim Redmond,
executive editor of the San Francisco Bay Guardian, one of the early
supporters of the project, said. "A sustainable community needs a sustainable
economy, and that starts with locally owned independent businesses."
The project will run through the holiday season