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That was the shot -- -- even though Black Friday as -- don't put away your wallet yet.
Today is small business Saturday and some businesses are especially needed that sales -- because they've been devastated by superstar -- And a -- joins us now with more on this story it's been -- a couple of years now American Express put this on it's been a big success small business and it.
Actually been growing every year.
And we do wanna tell you -- we've got act as some information for -- today of course is small business Saturday -- it -- really carries even more significance this year than in years past because.
The northeast is still economically reeling from super storm sandy BUS Small Business Administration is making loans of up to two million dollars.
Available to companies trying to get their heads above -- out from Staten Island the Long Island local businesses.
Are -- huge sales for consumers urging them to give back to their local communities and help provide neighborhoods devastated by the storm.
Economic impact -- sandy has been estimated by Moody's analytics in that fifty billion dollar range with about twelve billion dollars.
In New York City alone about twenty billion dollars of the totals is from -- economic that activity we're talking.
Airlines canceling their flights restaurants not being able to serve meals in casinos not being able to take bets shop owners say they were devastated.
We were closed for ten days which is the -- you know freaking out wouldn't they rents here or not mount.
Well last year and small business Saturday an estimated 100 million people participated in the growing annual event in communities like battle on Long Island the event becomes.
Some -- of festival -- businesses moving their displays out of the sidewalks are residents to participate.
Storm ravaged area officials have faith in the economy will get moving once again.
Even in the cold in the darkness that ensured that enjoyed for days.
The resilience of the people in this great community and of our state was a beacon of hope.
Seven -- -- that hit many shop owners have taken in sales following superstar -- many are still going to be donating portions of their profits from today from small business Saturday.
To local relief efforts this is just amazing you know when you don't even have a lot and you're still going to get back it's very soft through those and Staten Island we we were both there understanding -- -- -- devastated lost their entire restaurant -- -- -- -- small businesses today -- let her not to Long Island actually -- we're going to be talking to several of them so great.
Get on out there especially if you live in the northeast and I think -- kind of appreciate it not a far.
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