October Designated National Co-op Month: Recognizing Cooperatives' Economic Impact
The U.S. Senate designated October 2021 as “National Co-op Month,” highlighting the positive impact of the cooperative business model on the economy and society. This resolution aims to raise awareness about the role of cooperatives in citizens' daily lives, from agriculture to utility and housing services, and their contribution to job creation and local community support.
Key points
Recognizes cooperatives as a key economic component, creating jobs and supporting local communities.
Emphasizes the role of cooperatives in providing access to services like electricity, water, telecommunications, and in agricultural, financial, and housing sectors.
Supports the cooperative model, which gives members greater business control and allows profit reinvestment into communities.
Status:
Adopted
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