At the last City Council meeting it was revealed that sales in McCook were down nearly three million dollars for the last reporting period. It was not surprising information in light of the sagging national economy. For those of us in our community who are not in the sales industry, if it was easy to think those figures do not matter to us, we would be wrong!
Think of just three McCook businesses that we frequent: Do those businesses provide jobs for any of our friends, neighbors or relatives? Do those businesses enhance the quality of life in McCook by being open? Do they have employees who are volunteers for our children's or grandchildren's YMCA athletic teams? Are those employees the ones who teach religion classes for our church, are mentors for our children or volunteers for our service clubs? Do those businesses sponsor youth teams? Do they buy ads for the yearbooks or give to the United Way? If we want those businesses to stay open and continue to employ folks, doesn't it just make sense that if we want them to support us, that we support them?
Research indicates that for every dollar spent in a community, an average of 55 cents will remain and recirculate within that community in the form of wages. For every dollar spent in another community, or on the Internet or on QVC, nothing returns to benefit our community! And there is the issue of local sales taxes that, if spent elsewhere, will not help offset expenses, repairing our streets, improving our parks, remodeling the Senior Center or other local projects.
If each household spent just $50 in McCook each week instead of elsewhere, that would generate $1,430 a year recirculating in McCook. That may not sound like much, but if every household in McCook did it, nearly $5 million would be added to our local economy!
Feb. 6 is the annual Chamber Banquet. The event is a celebration of the businesses in our community. It is another opportunity to show our support for those who support us. Of course, the best show of support is to shop locally. Tickets are still available at the Chamber office.