Pandemic Start-Ups Fueling the US Economy
On October 4th, 2024 the New York Times reported start-up companies founded during the peak COVID pandemic years of 2020-2022 are a major driving force in the continued success of the US Economy. Magpie Reclamations is just one such project that originated out of this unique entrepreneurial period.
Businesses formed from 2020-2022, including Magpie Reclamations, have created 7.4 million job by the end of 2022. This period of growth has helped lead the US economy out of a decades-long decrease in entrepreneurial ventures. Start-ups are crucial to growing the economy as well as increasing innovation, making the economy more flexible and resilient.
At Magpie Reclamations, we are proud to be a part of this emerging trend. In 2020, as COVID decimated cities across the country, millions of people fled the cities to find less densely populated living arrangements. One of the major downsides to this shift was that millions of pounds of furniture were discarded as a part of this move.
Magpie Reclamations, like many other companies at this time, was founded to address a unique challenge posed to our society by a global pandemic. Our goal was to divert as much furniture as possible from the landfill and back into our local economy. Many of these discarded pieces have a high cultural or stylistic value that cannot be replaced by a contemporary equivalent.
Over the years, Magpie Reclamations has grown to meet new needs in our community. Our team restores and refinishes damaged pieces of vintage furniture that would otherwise be discarded and brings them back into our local economy. Our team also works to educate our community-members on the power that their purchasing habits has to influence environmentally friendly change in our country.
By purchasing a vintage piece of furniture or home decor, we avoid many of the greenhouse gas pitfalls of a new piece of furniture. By purchasing from a vintage dealer like Magpie Reclamations, your purchase makes a major environmental impact. By making environmentally-conscious purchasing decisions, consumers can help drive our economy toward more sustainable solutions for generations to come.
