By Alex Paramo
The Rail Yards Market (RYM) is committed to promoting local businesses and boosting the local economy by providing small, locally owned businesses increased exposure both at the RYM and outside of it. Vendors are rotated regularly with the emphasis on keeping the RYM fresh and vibrant and exposing visitors to the amazing locally grown produce, food products, arts and crafts. Local produced items, many using local materials, are often created on the spot while you wait. Click the image on the right for more info.
The first two seasons of the Rail Yards Market has generated over 1 million dollars in revenue! A steady increase of vendors from 60 in 2014 to 80 in 2015 generated an increase in revenue for vendors. With over 100 vendors this season, that number is sure to increase exponentially.
1. Helps the Local Economy
The benefits of shopping local are well documented and publicized. For example according to the organization Keep It Querque, “Your dollar recirculates 254% more when you spend it with a Local Retailer. When you dine at a Locally Owned Restaurant your dollar recirculates 287% further.” Therefore a 10% shift would add an additional $179 million to the local economy each year.
2. Benefits the Community
There are many misconceptions when it comes to shopping local such as having to pay more for goods. These are mostly false. Additionally, your patronage allows for local-shops to keep their prices down. Click image to the left for more info. The benefits of shopping local go far beyond the economic benefits to the consumer and shop-keeper. Benefits such as building personal relationships with your neighbors, building a sustainable environment, building a more intimate community, building a vibrant community of friends and family knowing that your patronage improves the quality of their lives and yours as well.
3. Help Reduce Environmental Impact
At the Rail Yards Market the vendors create what they sell using NM sourced materials. According to Sustainable Connections, “Locally owned businesses can make more local purchases requiring less transportation and generally set up shop in town or city centers as opposed to developing on the fringe.This generally means contributing less to sprawl, congestion, habitat loss and pollution.”
Remember before you decide where you shop, ask yourselves, what’s your Local Motive. See you Sunday!
Thank you to Keep It Querque for data and graphics!
Alex Paramo is an Author and Co-Founder of Community Publishing. Community Publishing brings local artists of all mediums together in creative collaborations for distribution as multimedia Books while promoting literacy in our communities.