Quote:
Originally Posted by biggus diggus
many restaurants are going to be permanently closed after this, I fear. It's heartbreaking.
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Unfortunately, I mostly agree. If the quarantine is only another 6-8 weeks, I actually could see most restaurants give it a go and re-open (as long as they can work with their bank/creditors), there might be a surge of demand early on for a month or so, but the economy is going to be sluggish for the balance of year, and likely beyond. Plus the quarantine is going to be eased over the summer, months with historically weaker sales locally. Restaurants are going to soldier on, but the poor economy ahead will cause many of them to slowly close. Could be a contraction of 25% or so. Rough times ahead.
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