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Eating and drinking places will directly contribute $1.4T in output (or sales) to the U.S. economy in 2024 dollars, based on estimates of publicly available 2022 data. That’s roughly equivalent to 6% of real GDP. In addition, in 2022, the industry reported it had 14.2M employees and $472.4B in total labor income.
Restaurant and foodservice industry sales fell by $240 billion in 2020 from an expected level of $899 billion. As of December 1, 2020, more than 110,000 eating and drinking places were closed for business temporarily, or for good. The eating and drinking place sector finished 2020 nearly 2.5 million jobs below its pre-coronavirus level.
Nov 17, 2020 · Columbus Monthly's 2021 Restaurant Guide. This annual guide to the city's dining scene features more than 1,000 Central Ohio restaurant listings organized by cuisine. Erin Edwards. Columbus Monthly. Columbus Monthly 's extensive guide to the city's dining scene is on newsstands now. This annual publication, published each October, features more ...
- Erin Edwards
- Columbus Monthly
Oct 9, 2024 · The pandemic significantly impacted the restaurant industry, reducing its projected worth from $899 billion to $659 billion in 2020, resulting in $240 billion in losses. There was also a 65.91% year-on-year decline in consumers dining in restaurants in the U.S. by January 2021.
Apr 19, 2021 · Cases had surged in Virginia between late November 2020 and late January 2021 and Gov. Ralph Northam announced a modified stay-at-home order, in effect Dec. 14, 2020 to Feb. 28, 2021. The included curfew was lifted as of March 1, 2021, and bars can now sell alcohol until 12 a.m. Restrictions were further loosened as of April 1, 2021 .
May 10, 2021 · And while vaccines are rolling out and there’s optimism about pent-up demand for restaurants, the association’s work still is acutely important to one of the hardest-hit sectors of the economy. That’s why an employee relief fund that has raised more than $500,000 and given grants to more than 1,000 individuals will continue into the foreseeable future.
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Oct 13, 2023 · 7. Sotto. Sotto is an underground restaurant in Cincinnati, Ohio, and one of the most interesting places to dine in the state. This may be the correct pick for you if you’re seeking a more romantic, personal eating experience. With brick and wood décor and dim lighting, Sotta creates a charming, rustic ambiance.
