The local economy refers to the economic activity of a certain area or city. It can be difficult to find synonyms for this term as it is already specific on its own, but some alternatives include regional economy, community economy, neighborhood economy, and hometown economy. All of these terms convey the idea of an economy that is specific to a certain location. Other synonyms may also depend on the industry or business sector being referred to, such as agricultural economy or tourism economy. Regardless of the term used, understanding and promoting the local economy is crucial to supporting the growth and development of a specific area while also improving the overall economic health of the country.