MORE THAN 95 MILLION CONSUMERS SHOPPED AT LOCAL BUSINESSES THIS SATURDAY
This year, more shoppers reported visiting their local independent businesses on Small Business Saturday than ever before, according to results from the Small Business Saturday Consumer Insights Survey, released today by the National Federation of Independent Business (NFIB) and American Express. More than 95 million consumers shopped at small businesses on Small Business Saturday, marking an eight percent increase from 2014.
According to the Small Business Saturday Consumer Insights Survey, total spending among U.S. consumers who were aware of Small Business Saturday reached $16.2 billion at independent retailers and restaurants on the day, an increase of 14 percent from $14.3 billion in 2014. Among those who shopped on Small Business Saturday, 31 percent attended a community event on the day and 81 percent encouraged family and friends to support their local small businesses.
“It’s very encouraging to see small businesses participate every year and more shoppers giving local entrepreneurs a chance to compete for their business,” said NFIB president and CEO Dan Danner. “Americans are returning to Main Street for the things they need and ultimately that’s a very healthy economic trend.”
“Small Business Saturday is an increasingly important economic engine for independent businesses,” added Janey Whiteside, senior vice president and general manager of American Express OPEN. “These impressive numbers demonstrate the value that Small Business Saturday brings to local businesses.”
