Zenreach/Top Data
New research from market analysts at Zenreach and TOP Data shows Florida restaurants are 11% below January sales numbers. Foot traffic is down across the board, said Zenreach CEO John Kelly. Restaurants have been very hard hit, event spaces have practically gone to zero.
Like the rest of the nation, Florida closed much of its economy in the spring to slow the spread of COVID-19, easing the burden on hospitals. Business for restaurants slowed to a trickle as many spots relied exclusively on delivery or curbside options.
Though the state has since reopened, Kelly believed the weakened tourism industry has helped deflate Florida s restaurant spending. Places like Washington, meanwhile, have had a spending increase over January.