Agribusiness

Title

The Post COVID-19 Restaurant Recovery May Take a While

Publication Date

Summer 6-10-2020

Publication Number

LGP 1068

Summary

There will be a restaurant recovery from COVID-19, but how long will it take and how complete will the recovery be? Factors that will help the restaurant recovery include the reopening of the US economy, the reentry of employees to previous or new jobs, the possibility of a vaccine, and the spending of recently disbursed economic impact payments. Factors that will slow the recovery include a reduction in restaurants and restaurant seating capacity, restaurant workers not returning to their jobs, a slow tourism recovery, and a long-term reduction in consumer restaurant spending due to the general economic shocks caused by the COVID-19 recession.

Publication Type

Brief

Publisher

Land-Grant Press by Clemson Extension

Publisher City

Clemson, SC

Target Audiences

Restaurants, specialty crop producers, aquaculture producers, food hubs, department of agriculture

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