Loading ...After writing the relocalization post, I thought it might be a good exercise to see where the Linkery stands in terms of keeping dollars in the community. At the very least it could be a baseline to measure our future changes against.
So I did some quick calculations starting from July of this year, after we were settled (sort of) into our new digs. I found that, for every $10.00 you spend at the Linkery, approximately
- $6.40 stays more or less completely in San Diego, as
- wages paid to the folks who work here
- locally grown foods or locally produced artisan foods and beverages, bought directly from the farmers, brewers, winemakers, and cheesemakers
- business costs paid to locally-based individuals such as graphic designers, accountants, and our landlord.
Really, some of that money (I’d guess a buck) goes pretty much straight to the government in taxes and regulatory fees, though.
- $1.40 goes to locally owned businesses that sell or distribute products mostly not made or procured in San Diego proper (though often grown, made, or caught elsewhere in our region.)
- $0.40 goes directly to independent farmers, brewers, winemakers and artisans in other parts of California that aren’t San Diego.
- The remaining $1.80 is assumed into the global economy.
This will be one of the metrics we continue to use to assess how well we are serving our community.