Introducing Raise the Bar with Business Gold: A New Pop-Up in New York City Celebrating American Express' Refreshed U.S. Business Gold Card webwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from webwire.com Daily Mail and Mail on Sunday newspapers.
Photo by Tayfun Coskun/Anadolu Agency via Getty Images
NY restaurants are bearing the brunt of the industry’s economic crisis
Across the country, restaurants have been decimated by the pandemic. But according to a new survey conducted by the New York State Restaurant Association, in partnership with the National Restaurant Association, New York restaurants are hurting more from the economic crisis in comparison to the industry nationwide.
According to the survey which polled 6,000 restaurant operators, including 238 in New York, over the last two weeks of November 54 percent of NY restauranteurs say it is likely that they will close in the next six months if another federal relief package does not come through, compared to 37 percent nationwide. Nearly 60 percent of NY operators say they are considering going into hibernation until the pandemic is over, compared to 36 percent nationwide.