Restaurant Industry Cataclysm: 110,000 Down And Counting

What these findings make clear is that more than 500,000 restaurants of every business type— franchise, chain, and independent—are in an unprecedented economic decline. And for every month that passes without a solution from Congress, thousands of more restaurants across the country will close their doors for good,” Sean Kennedy, executive vice president of public affairs at the association, said in a letter to Congress.

 

 

 

 

https://www.zerohedge.com/markets/free-fall-restaurant-closures-hit-110000-covid-fries-industry