10,000 of America's restaurants are expected to close in the next three weeks!

[r2d2]

About 17% of America's restaurants have already permanently closed this year, with thousands more on the brink according to a new report.

The National Restaurant Association is publicly pleading with Congress to pass new stimulus to help the industry that has been damaged by the pandemic. The group said Monday that 10,000 restaurants could close in the next three weeks, in addition to the 110,000 that have already shuttered in 2020.

The group released results from a survey of 6,000 restaurant operators, revealing that 87% of full-service restaurants reported an average 36% drop in revenue and 83% expects sales to be "even worse" over the next three months as the virus continues to lash the United States.

"In short, the restaurant industry simply cannot wait for relief any longer," said Sean Kennedy, executive vice president for the group, said in a release. He advocates for a "true compromise" between the competing Democrat and Republican proposals and hopes for a larger stimulus package in 2021 under the incoming Biden administration.

[Jambhalheart]

papam man, India lo kooda movie theatres paristhiti edhey

[PilliBeta]

Merry Christmas!

[tom bhayya]

Spring ki 30% restaurants will be closed out of business 

[BacklogBadham]

So sad. Gov help cheyyandi ra ante okademo election fraud antadu inkodemo nenu vachaka chedham le antadu. Paapam Poor families. Hope they will pass something for small business. 

[Kootami]

okasari vaccine vachaka there will be cheap real estate anamata . evaraina indian restaurant plan untey , do it now ... manchi time to start thinking. I think due to covid lease terms kuda flexible ga matladukovachu

[basha786]

dont worry we have godavari - paradise tons of machs to take=e over those and open indian restaurants 

[dasara_bullodu1]

4 minutes ago, basha786 said:

dont worry we have godavari - paradise tons of machs to take=e over those and open indian restaurants 

avi kooda assam e ... maa daggara chinna restaurants close ayyayi desi vi ... konni ippati daka dine in ledu, offers anni teesesadu

[odhu_le_macha]

stimulus check ivvali 

[dewarist]

1% of the recipients got 25% amount of the the total PPP loans in the previous run

Big sharks eating away most of the money, hopefully next stimulus bill will exclude such big sharks

[dewarist]

https://www.nytimes.com/2020/12/02/business/paycheck-protection-program-coronavirus.html

1 Percent of P.P.P. Borrowers Got Over One-Quarter of the Loan Money

Christmas came way too early for the executives of these firms

[kreole]

Yeah a couple of Indian restaurants closed in Irving too because of this Covid. Ultimate barbecue and Andhra Mess ani undetivi papam.

[Anta Assamey]