In New York City black restaurant owners are trying to save their restaurant business
In New York City black resta...
Subscribe to Newsletter

In New York City black restaurant owners are trying to save their restaurant business

24 October 2020
3274
2 min.
2
In New York City black restaurant owners are trying to save their restaurant business

There are problems with the restaurant business in New York City

This year there were financial problems due to the Covida-19 pandemic, as well as problems of racial injustice in the USA. In this article we will explain in more detail what is happening today in the restaurant business on the streets of New York City.

In New York, because of the pandemic, there was a 60% drop in revenue, all due to the fact that snack bars are located in enclosed spaces throughout Manhattan.

Statistics show that 41% of establishments run by blacks closed at the beginning of the year and 17% are owned by whites. However, catering owners say

that black people's incomes in New York City have fallen by 80% since the pandemic began. The city's Department of Small Business Services found that only 2% of the city's $20 million in small business loans went to businesses in the Bronx, New York City's area with the largest black population, while 57% went to businesses in Manhattan.

The Department of Small Businesses found that 2% of the $20 million that was allocated under the City Programme was used for businesses in the New York City boroughs.

What do Nancy Pilosi and Steven Mnuchin say about this?

Nancy Pelosi and Steven Mnuchin are trying to come up with an aid agreement to resolve the problem.

The number of workers receiving and applying for unemployment benefits has fallen significantly last week, according to the latest figures from the Labour Department.

The Labour Department said that the number of workers who apply for unemployment benefits has decreased.

Black Restaurant Week runs from Friday 13 to Sunday 22 November. According to its website, participating regions include Atlanta, Gulf of California, Washington, Houston, Los Angeles, Midwest, New Orleans and Philadelphia.

Persons 2 in the news

Speaker of the United States House of Representatives
1 place
Secretary of the Treasury
2 place
Section:

NEW YORK NEWS

News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Population
8170047568
Died this year
53573978
Born this year
131801468