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Thursday, 26 December 2024

Shutdown impact on local businesses

Credit: KIMT
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Shutdown impact on local businesses
Shutdown impact on local businesses
Can they survive a second shutdown?

In just a little under an hour ?

"* governor walz is expected o announce some new restrictions in order to slow the meteoric spread of the coronavirus.

Small businesses like bars, restaurants and fitness centers most likely will be the targets of sweeping restrictions.

Kimt news 3's nick kruszalnicki is live with how those businesses could be impacted.

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"* while e won't know the specifics until the governor's address at 6... a person with knowledge of the plan spoke anonymously to the associated press.

They say bars and restaurants will be restricted to take out business only and gyms and fitness centers will close.

The shutdown is expected to last four weeks.

Earlier this afternoon, i spoke with economics instructor rayce hardy about the impacts of a potential shutdown.

He tells me restrictions are needed to curb the spread of the virus ?*- but it will definitely have a huge economic impact.

Hardy says many small businesses still haven't recovered from the shutdowns in the spring and they desparately need help.

Xxx congress has known since june that small businesses in america need help and any scientist that's any true scientist said 'of course we're going to have another wave in the fall.'

Hardy says big business can help out small businesses in the mean time ?

"* like this spring when hormel bought meals for its employees from local restaurants.

Nick thanks nick.

Tonight on kimt news 3 at six you can catch the full address from governor walz... and we'll also have coverage of a press conference with the governor tonight at 6:45.///

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