Buy Local or Bye Local

November 2, 2020

State Chamber Update

I copied a picture and posted on my Facebook page a sign that carried an important message: “Buy Local or Bye Local.”

Every business matters, from the very largest to the smallest. However, the margin for error is very narrow for small businesses and many, especially those in restaurant, hospitality, and retail, have had their worlds upended these last eight months. You have to marvel at the flexibility, resourcefulness, and creativity many have demonstrated. It is, therefore, with great expectation that this Wednesday we will celebrate our Superstars in Business for the twenty-second year. While every one of them deserves our thanks, some have distinguished themselves over-and-over again and have rightfully earned this recognition. To join us virtually for this fun and meaningful event, you can register here!

And, mark you calendars for Small Business Saturday on Saturday, November 28th. I hope you will “buy local” and support our neighborhood businesses because of who they are and what they represent.

Disruptors

Today we explore numbers 39 and 40 on the CNBC list:

Clear: The New York City-based company uses biometrics (your fingerprint, the iris of your eyes, your face) to verify your identity. Learn more >

Snowflake: Snowflake is a developer of cloud-based technology for storing and analyzing data. Learn more >

News You Can Use

September construction figures are released today. Tomorrow is Election Day and will bring us September factory orders and motor vehicle sales for October. On Wednesday ADP will report employment data for October, and on Thursday Fed Chair Powell hosts an important news conference at 2:30 pm. We end the week on Friday with unemployment figures for October and wholesale inventories data for September.