Detailed text transcripts for TV channel - MSNBC - 20100704:13:05:00
>> we opened here specifically counting on tourists being here. so it's definitely made us revamp the thinking here. we're starting to think, how do we react to this for long term? this isn't a one-summer problem, this is many summers to come. >> reporter: chris owns a chain of bars called hell and back and says june revenues were down $70,000 at his newest location and told his staff to brace for lay-offs. shortfalls spread across the gulf coast, as tourist-driven businesses like hotels, vacation condos and restaurants report declines up to 50%, 60%, even 80%. >> it's a shame. look what we ha...