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Small Business Saturday: Consumer spending projected to set new records
['Jordan Smith']
Latest News | Fox LA
Black Friday is over, and now it’s time for holiday shoppers to flock to the small businesses in their communities.
Saturday marks Small Business Saturday — a day created by American Express in 2010 to shift consumers’ attention to the stores that call their communities home.
And according to the U.S. Small Business Administration (SBA), that’s exactly what they did last year.
A 'Small Business Saturday' sign is displayed outside the Fishs Eddy store on Nov. 28, 2020, in New York City.
The SBA provided $44.8 billion to small businesses through more than 61,000 loans in the 2021 fiscal year.
['businesses'
'business'
'shoppers'
'velazquez'
'sba'
'set'
'pandemic'
'projected'
'spending'
'small'
'stores'
'holiday'
'records'
'consumer'
'local']