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Small Business Saturday® City of Edmonds • Office of the Mayor SUA L SMALL BUSINESS SATURDAY 2020 Whereas, the city of Edmonds celebrates our local small businesses and the contributions they make to our local economy and community; and Whereas, according to the United States Small Business Administration, there are 30.7 million small businesses in the United States, they represent 99.7% of all firms with paid employees in the United States, and are responsible for 64.9% of net new jobs created from 2000 to 2018; and Whereas, small businesses employ 47.3% of the employees in the private sector in the United States, 62% of U.S. small businesses reported that they need to see consumer spending return to pre-COVID levels by the end of 2020 in order to stay in business, 65% of U.S. small business owners said it would be most helpful to their business to have their "regulars" return and start making purchases again, and three-quarters of U.S. consumers are currently looking for ways to Shop Small® and support their community; and Whereas, 96% of consumers who shopped on Small Business Saturday® agree that shopping at small, independently -owned businesses supports their commitment to making purchases that have a positive social, economic, and environmental impact and 97% of consumers who shopped on Small Business Saturday agree that small businesses are essential to their community; and Whereas, 95% of consumers who shopped on Small Business Saturday reported the day makes them want to shop or eat at small, independently -owned businesses all year long, not just during the holiday season; and Whereas, Edmonds supports our local businesses that create jobs, boost our local economy, and preserve our communities; and Whereas, advocacy groups, as well as public and private organizations, across the country have endorsed the Saturday after Thanksgiving as Small Business Saturday; Now, Therefore, I, Mike Nelson, Mayor of Edmonds, Washington do hereby proclaim, November 28, 2020, as: SMALL BUSINESS SA TURDA Y And urge the residents of our community, and communities across the country, to support small businesses and merchants on Small Business Saturday and throughout the year. .00�V401� 0101440 Mike elson, Mayor — November 24, 2020