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What industries will suffer the most?

Posted on 3/16/20 at 7:52 am
Posted by charlottetiger
Asheville, NC
Member since Nov 2007
7965 posts
Posted on 3/16/20 at 7:52 am
If there is a nationwide shutdown of shite, I’d have to imagine the bar/restaurant industry would take the hardest hit.

What say you?
Posted by Navajo61490
Baton rouge
Member since Dec 2011
6886 posts
Posted on 3/16/20 at 7:53 am to
Tourism/ travel
Posted by CuseTiger
Member since Jul 2013
8966 posts
Posted on 3/16/20 at 7:54 am to
quote:

Tourism/ travel

Airlines going to ask for a bailout, not sure about ticketmaster or livenation type events
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 3/16/20 at 7:55 am to
Lawyers who depend on people being out and about and getting hit by 18 wheelers.
Posted by TDsngumbo
Member since Oct 2011
49267 posts
Posted on 3/16/20 at 7:55 am to
All of them are fricked right now. Lost, to many, in all the panic and “excitement” of the quarantines is the MAJOR economic impact of this. It will be bigger than most of us realize.
Posted by tiger perry
Member since Dec 2009
25668 posts
Posted on 3/16/20 at 7:56 am to
Tourism/travel is going to die. Airlines, hotels, amusement parks etc
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
22843 posts
Posted on 3/16/20 at 7:56 am to
quote:

What industries will suffer the most?


Stuart Varney said this morning we are going into a deep recession. All industry will suffer.
Posted by NIH
Member since Aug 2008
120215 posts
Posted on 3/16/20 at 7:57 am to
The entire economy will suffer.
Posted by PiscesTiger
Concrete, WA
Member since Feb 2004
53696 posts
Posted on 3/16/20 at 7:57 am to
Aside from anything tourism related, small restaurants and bars are going to take a huge hit if JBE follows suit with others. I do not want to see it, but it is inevitable.
Posted by Mike da Tigah
Bravo Romeo Lima Alpha
Member since Feb 2005
61402 posts
Posted on 3/16/20 at 7:58 am to
Hotels and restaurants most of all IMO.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
71136 posts
Posted on 3/16/20 at 7:59 am to
I work in transportation and so far we're relatively stable so far. Most things still moving. This week will be the tell all for us IMO
Posted by Tiger Roux
Houston
Member since Mar 2009
5020 posts
Posted on 3/16/20 at 7:59 am to
I think in 4 months things will show drastic improvement.

Many companies/people will struggle in the mean time.

Outside of healthcare, power generation, gov't work, I am hard pressed to see who will not be effected.
Posted by truthbetold
Member since Aug 2008
7637 posts
Posted on 3/16/20 at 8:00 am to
NYC taxis

Poor guys
Posted by schwartzy
New Orleans
Member since May 2014
9932 posts
Posted on 3/16/20 at 8:00 am to
Think about the pelicans ticket sales reps. A year ago they were jumping up and down for winning the nba lottery to get Zion and now they’re having to try to sell tickets to a suspended sport. A lot has changed
Posted by beaverfever
Arkansas
Member since Jan 2008
35464 posts
Posted on 3/16/20 at 8:01 am to
A couple years ago I kicked a nasty addiction I had to buying airline stocks. One of the best decisions I’ve ever made.
Posted by TutHillTiger
Mississippi Alabama
Member since Sep 2010
49830 posts
Posted on 3/16/20 at 8:05 am to
Travel and tourism, then restaurants, bars, movie theaters, entertainment, sellers of any large durable items like cars, boats equipment, major appliances, new businesses, anyone that needs to travel for sales, etc. Easier to say who will not be impacted.

Medical companies, pawn shops, gun and ammo manufacturers, precious metal companies, etc
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
30240 posts
Posted on 3/16/20 at 8:51 am to
quote:

Outside of healthcare, power generation, gov't work, I am hard pressed to see who will not be effected.


Death services....funeral homes, cemeteries, crematories etc.
Posted by NatchezTiger17
East Texas
Member since Aug 2007
1133 posts
Posted on 3/16/20 at 9:00 am to
quote:

Death services....funeral homes, cemeteries, crematories etc.



We are in the Tombstone business...should be interesting.
Posted by Hogs78
Arkansas
Member since Feb 2019
963 posts
Posted on 3/16/20 at 9:04 am to
The illegals from Mexico are still building houses so must not be to bad.
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
30240 posts
Posted on 3/16/20 at 9:08 am to
quote:

We are in the Tombstone business...should be interesting.


I mean worst case scenario is you still have to service people that would have died normally anyway.

Although I will say this the company I work for is working at a feverish pace to come up with a way to do the at need counseling/planning electronically. We have provided services for COVID-19 fatalities in several states already.
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