EL PASO, Texas (KFOX14/CBS4) — Going holiday shopping Thanksgiving weekend? The SBA El Paso District Office is encouraging people to shop and dine locally on Saturday.
In celebration of the 14th annual Small Business Saturday– held the day after “Black Friday”– the U.S. Small Business Administration wants to remind people to rally around and support borderland businesses.
This is a great way to support “mom n’ pop” stores, create jobs in your community, boost your local economy and help keep El Paso vibrant, according to the SBA.
The Small Business Saturday initiative was founded by American Express in 2010 and officially co-sponsored by the SBA since 2011.
According to statistics from American Express, in 2022 the projected total reported spending among U.S. consumers who shopped at independent retailers and restaurants on Small Business Saturday hit a record high with an estimated $17.9 billion, and 72% of shoppers strongly agree they will continue to shop small throughout the holiday season because of the impact it has on their local community.
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