Strong showing expected for Small Business Saturday

John McDevitt
November 24, 2018 - 6:00 am
Holiday Shopping

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PHILADELPHIA (KYW Newsradio) — Saturday across the country, holiday shoppers are supporting local communities. It's the 9th annual Small Business Saturday, started by American Express in 2010 to encourage people to shop at mom-and-pop stores, not just the big guys.

Michael Kane, the deputy director for the U.S. Small Business Adminitration in the Eastern Pennsylvania District office, says it's a great way for consumers to kick off the holiday shopping season "and make an impact in their community by supporting independently owned businesses."

He says small business is the engine of the economy.

"Small businesses employs tons of people. You know, here in Pennsylvania they employ approximately 2.5 million people or 46.8 percent of the U.S. work force," Kane said. "I think that a lot of people recognize how important small business is."

Kane says last year was a tremedous success, and even more communities are rallying this year to encourage people to shop small.

"Across the country we had about 108 million consumers that reported shopping or dining at local independently owned businesses during Small Business Saturday, so we are hoping to top that this year," he said.