Restaurant Closures Now at 14% Despite Apocalyptic Predictions

Bloomberg, May 18, 2021–Kate Krader
New data from the National Restaurant Association, a Washington-based industry group, found that 90,000 restaurants across the U.S. have closed permanently or long-term. That’s less than 14% of the country’s restaurants. It’s lower than the 110,000 figure reported by the association in December, when the executive vice president for public affairs, Sean Kennedy, described the industry’s status as “an economic free fall.”
https://www.bloomberg.com/news/articles/2021-05-18/america-s-restaurant-apocalypse-has-been-greatly-exaggerated