Restaurant, food service industry has lost nearly $120B due to pandemic

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The food and restaurant industry has been hit hard by the coronavirus pandemic, with a new survey reporting nearly $120 billion in lost sales.

According to a

Eateries and bars registered $38.6 billion in sales on a seasonally-adjusted basis in May, according to preliminary data from the U.S. Census Bureau.People eat dinner at the River House Grille on the Nautical Mile on June 10, 2020 in Freeport, N.Y.Although that figure is nearly $9 billion more than reported in April, it was down $27 billion from previous sales levels in January and February, before the COVID-19 outbreak in the U.S.April's sales volume of $29.

Christy Schlesinger, right, picks up a carryout dinner order in the Georgetown neighborhood of Washington, D.C., May 29, 2020, as the District of Columbia loosens restrictions on restaurants that have been in place since March 25 because of the pandemic."In recent years, May was typically the top sales month for restaurants, based on the unadjusted data," a National Restaurant Association official said.

 

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Its going to be a lot more after people stop going to some of these fast food restaurants.

This is inevitable. People need groceries, not expensive salty and sugary foods.

likes this as long as they get big fat paychecks

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