How fast will we get back to normal?
How fast will we get back to normal?
I am not sure what normal means to you. If it means the way we were 60-days ago? The answer is: never! The environmentalists rejoice – no airplanes are flying; nobody is driving, and everybody is scared about the future.
Result? Gas consumption is down 55% (effecting all gas station workers, gas station owners, oil companies), 89% fewer clothing has been bought in March 2020 than in March 2019. Department store sales are down 40%. We are trained to work from home, online shopping. I could go on but what it will mean is a lot of these businesses will never reopen, never to the old normal.