61–70 of 591 posts
Earlier quoted context omitted.
Then don't put long data in a horizontal scrollbar. It's the worst possible UX ever.
What's your suggestion for improvement?
Not to trivialize the numbers, but people still have to eat, so these dollars are largely being re-allocated elsewhere, primarily to takeout, food delivery, and grocery stores. Other sectors that are service-based represent real net loss in GDP.
Even delivered groceries are significantly cheaper than eating out. That difference is mostly the income of restaurant workers.
Perhaps US eat-out culture will die, and those who worked those jobs will just have to find some other means by which to negotiate value from the economy.
At this point, what good is "seated diners" data when every restaurant is takeout and delivery only?
I have 2 cousins who manage a restaurant in upstate New York. Everyone was told to apply for unemployment (which has had its waiting period waived), except for the manager and assistant manager.
The game plan is to trial take-out only dinners, but since less than 5% of their previous business was take out, their hopes aren’t high.
I’m really interested to see how many small businesses like this pull through.
In France it's -100% by law, except for takeaway. Thanks a bunch, Xi Jinping!
Why do you think any other country would have been able to contain this outbreak?
Not sure how other countries would have handled it. But it still is a history-changing decision point that could have gone better.
I noticed that the global line and the US line are pretty much within 1% of each other the entire time. So really this is US data, since it looks like almost all of their restaurants are in the US. I wouldn't put much stock in the other countries. That being said, this data certainly shows a devastating trend for the restaurant industry.
At this point, what good is "seated diners" data when every restaurant is takeout and delivery only?
Perhaps US eat-out culture will die, and those who worked those jobs will just have to find some other means by which to negotiate value from the economy.
I noticed that the global line and the US line are pretty much within 1% of each other the entire time. So really this is US data, since it looks like almost all of their restaurants are in the US. I wouldn't put much stock in the other countries. That being said, this data certainly shows a devastating trend for the restaurant industry.
'trend' doesn't seem like the right word
Not to trivialize the numbers, but people still have to eat, so these dollars are largely being re-allocated elsewhere, primarily to takeout, food delivery, and grocery stores. Other sectors that are service-based represent real net loss in GDP.
Even delivered groceries are significantly cheaper than eating out. That difference is mostly the income of restaurant workers.