This year has been met by a collision of both pandemic-induced financial uncertainty and the heightened attention toward racial injustice throughout the United States.
According to the University of California, 41% of Black-owned businesses have shuttered since February, compared to 17% of White-owned businesses. What's more, Black-owned restaurants in the New York City area have seen their revenue fall as much as 70% to 80% since the start of the pandemic, according to local culinary business owners.
In fact, Black-owned businesses entered the lockdown in less secure shape than many other companies. As of 2019, "the overwhelming majority of businesses in majority black and Hispanic neighborhoods did not have enoughto pay for two weeks' worth of bills," according to a New York Times report.
Organizers say that participating restaurants in areas like Atlanta, Philadelphia and Houston — where Black Restaurant Week began — tend to see a revenue boost of 20% during the event that, for New York City businesses, will offer restaurants free registration, marketing and entry into a national registry of Black-owned eateries."To create awareness and sustainability for Black-owned businesses that don't have the capital ...
"There's a lot of room for growth and development," Ferrell said. "There's always a new restaurant opening, there's always a new chef coming out of culinary school. ... I think there's just going to be additional ways and additional opportunities for us to continue [pushing forward].""Congress needs to act," Ferrell said. "The restaurant industry as a whole makes up so many people, [people who are] really important staples of the economy.
'Black-owned restaurants in the New York City area have seen their revenue fall as much as 70% to 80% since the start of the pandemic, according to local culinary business owners.' What source is this coming from?
Just like the Hispanic, Asian, Indian, Mid Eastern & White owned business'!
Everyone is struggling. All lives matter.
This isn't something unique to black owned restaurants and it would be great if you quit writing articles based on race.
So sad!
This title is what's wrong with this country.
You can thank Cuomo
How can Tom Brady ,a millionaire take a stimulus check when small and medium business owner are being killed slowly.
Only black owned?
Polosi and TheDemocrats should be ashamed. But also the GOP should also be embarrassed.
Don’t worry, when Biden gets elected he is going to close everything down. Every restaurant is going to go out of business anyway. Problem solved! Trump 2020 🇺🇸
Could everyone tweeting ‘what about all restaurants?’ please stop with “All Lives/Restaurants Matter”. Yes, almost all are suffering. But, African-Americans have faced 400+ years of systemic economic exclusion, so special attention to impact on Black-owned biz is very important.
But CrookedJoeBiden is getting rich off China
That was NYCMayor mission.
Why is this a matter of race? I don’t check the color of the skin of the owner before eating out.
Blacks are not exempt from this crap
Trump's 'LOST' Town Hall on ABC 10-21-2020. Footage starts at about 8:28
Thanks a lot NYGovCuomo
All restaurants are struggling to survive. End of story.
ALL restaurants in NYC are struggling for survival... stop race bating.
Not just black owned... everyone.
All thanks to Pelosi, DemocRATs don’t care about the American hard worker who puts food on the table for their family.
end game
Nobody is eating out! So how are non-blacks not-struggling?
Where are all their BLM customers?
Who believes If Biden is being or has been investigated for wrong doings? Trump should be also?He is the only president not to deal with China.Also has a bank account there.Does he owe them money?Or does he have other bad dealings there?
so not all resturants huh
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