Tacoma Shift Happens, an initiative by business alliance GoLocal, plans to hold its third annual event Monday.
The Shift is an attempt to get people to move 10 percent of their spending from national chains to a locally owned businesses.
The public portion of the event begins at 4 p.m. with a vendor showcase of more than 100 local businesses, including artists and nonprofit organizations, plus a cash bar. That leads into the the main program at 6:15, where Tacoma Mayor Marilyn Strickland is scheduled to deliver a State of the City address.
Events earlier in the day, beginning at 1:30, are events designed just for businesses and require registration.
All events are at the Greater Tacoma Convention & Trade Center. Learn more and register at tacomashifthappens.com.
The “10 percent shift” campaigns across the country reference a single case study done in Austin, Texas, in 2002 that showed that of $100 spent at a national bookstore, $13 stayed in the local economy versus $46 for a locally owned bookstore.
But economists generally agree that spent dollars are multiplied, and that the more dollars are spent on locally based companies, the more the local economy is helped.