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No Boss: Bay Area Worker-Owned Businesses Thrive During the Pandemic by Prioritizing Health Over Profits

No Boss: Bay Area Worker-Owned Businesses Thrive During the Pandemic by Prioritizing Health Over Profits
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Economics in Brief: Survey Shows COVID-19's Terrible Toll on U.S. Restaurants – Next City


An estimated one in six restaurants nationwide have closed permanently or long-term across the country, according to a survey of 6,000 restaurants by the National Restaurant Association, Bloomberg reports. That percentage represents 110,000 restaurants.
Even restaurants that haven’t closed have seen expenses rise as sales fall; 90 percent of restaurants surveyed said their revenues had declined an average of 36 percent.
Many restaurants have pinned their hopes on outdoor dining (even when that outdoor space looks a lot like indoor space), but even that retrofit may not be enough to save restaurants. Many cities are now restricting both outdoor and indoor dining. In Baltimore, newly sworn in Mayor Brandon Scott made the move to ban outdoor dining in the city on his first day in office. Los Angeles County ended outdoor dining in late November, a move that led to court challenges and to cities forming their own health departments, a move one observer told the NY Times was ....

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