Just Read The Seafood Industry is Collapsing

fmdog44

Well-known Member
Location
Houston, Texas
Because of restaurant closures seafood is in big trouble with layoffs of fishermen and crab, lobster and fish prices are down about 80 %.
 

Until a cure is found for this virus, businesses....especially those related to the travel/entertainment industries...will continue to suffer. Seafood such as crabs and lobsters are usually consumed at restaurants, and it may be months before restaurants reopen and begin to see substantial amounts of customers.

While this virus may "peak" in coming weeks, there is a real possibility that it could easily flare up again if people begin to gather in large groups, thinking that it has waned.....and cause a 2nd wave of this crisis.

This entire year will be questionable, as businesses continue to decline, and unemployment numbers continue to rise. Shopping malls, and stores such as Sears and Penneys will have a very difficult time remaining open.
 


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