Would you like to improve the economy of Appomattox? You know that YOU can! Want to know how?
Do you drive to Lynchburg to dine out occasionally? The next time that you are planning a meal out, consider one of the ten (or more) restaurants in Appomattox. I am not suggesting that you totally eliminate going to Lynchburg (or Farmville) - after all, we all like a bit of variety. I am just suggesting that maybe the next three times that you would be going out of town, that you switch one of those to enjoy an evening locally.
The same thing applies to whether you are filling your car with gas, purchasing fertilizer for your lawn, stain for your deck or hundreds of other items whereby you have an option to buy it here versus elsewhere. Every dollar spent here instead of elsewhere benefits everyone in our community in two ways.
The first way is called the "multiplier effect". When a local restaurant owner makes an extra dollar, they might spend it at the drug store or as part of an upgrade to their dining room. This in turn provides the drug store owner or the decorator with more funds and so on and so on.
A second way is via tax revenue. Expenditures made here create tax revenue that flows back into the local economy.
These two phenomena also apply to tourist expenditures. A dollar spent by a tourist here is a dollar that otherwise would not have found its way into our economy. Want to know how these inflows can be increased? Come to the next Chamber luncheon.
John Redding
Chamber President
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