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Renard Johnson: “The companies that aren't from El Paso, that's about 17…”

Featuring: Renard Johnson, Mayor of El Paso | Texas

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Mayor Renard Johnson Kicks off the Official Launch of El Paso StartUp Week at La Wheela! 🚲🍽

Published | Video Starts at 03:06

It recirculates a lot quicker than it does if you go to a national chain or a company that's not here. In El Paso. So remember that for every hundred dollars that you spend, it recirculates in our community. $48. The companies that aren't from El Paso, that's about 17 [dollars] when you go to a franchise or someone else. So 48 versus 17 will take 48 all day off. Right. There's a lot of opportunities here for our entrepreneurs in our city in El Paso focused on four pillars. (03:06–03:13)

CLAIM

Asserts that only $17 of every $100 spent at non-local companies stays in El Paso.

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