McConnon Quoted in BDN Article on Small Business Saturday

James McConnon, an economics professor at the University of Maine and a University of Maine Cooperative Extension specialist, was interviewed by the Bangor Daily News for an article on Small Business Saturday shopping in Maine. McConnon said he isn’t sure how much of an effect the day has on the state because it would depend on “how much was spent that day at local stores versus what’s spent outside the community or at chains that export some of the money outside the area.” But anecdotal evidence and national studies suggest there is a positive effect.