More Than 1 in 5 Restaurants Have Closed in This State, Data Finds
Days after a report from the National Restaurant Association revealed that over 110,000 restaurants have closed across the U.S. this year, residents of one particular state are getting an even closer look at just how many of their local dining spots have closed their doors for good.
In Indiana, one out of every five restaurants have shuttered since the coronavirus pandemic started in March, NRA's report has found. In addition, over 33% of restaurant owners in the state anticipate closing up shop within the next six months if they don't get another federal relief package soon.
As the IndyStar reports, this is a bit of an improvement from the 40% of restaurant owners who said back in September that they wouldn't be able to survive through March 2021 without government help—but still, 33% is a high number. (For more on this, here are The Saddest Restaurant Closures In Your State.)
Given the stay-at-home orders implemented earlier this year plus the capacity limits currently in place in Indiana, 91% of restaurants across the Hoosier state say their profits are down 32% year-over-year. Over 80% also anticipate this sales drought to continue into early 2021, reports the IndyStar. Because of this, 29% of owners are considering shutting down voluntarily for the time being—and some in other states have already done so.
To help, the Indiana Restaurant and Lodging Association is working to get $120 billion in relief and recovery funds for the state's restaurants and those working in the food industry. "It is imperative that the hospitality industry be considered in a federal relief package to keep employees working and restaurants in business," Patrick Tamm, Indiana Restaurant and Lodging Association's CEO, told IndyStar.
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