MONTGOMERY, Ala (WDHN)— Governor Kay Ivey has signed a proclamation declaring the Saturday after Thanksgiving, November 26, as Small Business Saturday in Alabama.
Alabamians are encouraged to celebrate this designated day by supporting the large impact that small businesses have on the communities across the state.
The Director of the National Federation of Independent Business (NFIB) applauded the proclamation saying:
Small Business Saturday is a great way for the community to support local and family-owned businesses. Small business owners are coming out of the pandemic facing serious economic headwinds such as inflation, worker shortages and ongoing supply chain disruptions. Now more than ever, small businesses need support not only on Small Business Saturday but every day. Small businesses are the backbone of Alabama’s economy, and we encourage everyone to shop small this holiday season.Rosemary Elebash, NFIB Alabama State Director.
According to a release from the governor’s office, research conducted by the NFIB and American Express shows that 67 cents of every dollar spent at a family-owned small business stay in the community. Every dollar spent at a local small business creates an additional 50 cents in local business activity as employers and their employees shop at other local businesses.
The research also shows that over the past 12 years consumers reportedly spent around $163 billion at small businesses on Small Business Saturday.