The Post COVID-19 Restaurant Recovery May Take a While
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.
Land-Grant Press by Clemson Extension
Restaurants, specialty crop producers, aquaculture producers, food hubs, department of agriculture
Richards S. The Post COVID-19 Restaurant Recovery May Take a While. Clemson (SC): Clemson Cooperative Extension, Land-Grant Press by Clemson Extension; 2020. LGP 1068. http://lgpress.clemson.edu/publication/the-post-covid-19-restaurant-recovery-may-take-a-while/.