{"id":"SEC-05-018","kind":"order","level":"other","jurisdiction":"United States (trade association)","state":"","metro":"","industry":"05","agency":"","eco":"","issuer":"National Restaurant Association","authority":"context only","instrument":"Press release: Restaurant Industry in Free Fall; 10,000 Close in Three Months (Dec. 7, 2020), transmitting the Association\u0027s letter to Congressional leadership","title":"Restaurant Industry in Free Fall; 10,000 Close in Three Months","dateIssued":"2020-12-07","effective":"n/a","end":"n/a","startDate":"2020-12-07","endDate":"","quarters":[],"types":["OTHER"],"addressees":[],"clause":"As of today, 17% of restaurants--more than 110,000 establishments--are closed... Eighty-seven percent of fullservice restaurants (independent, chain, and franchise) report an average 36% drop in sales revenue... The National Restaurant Association Research Group conducted the survey of 6,000 restaurant operators and 250 supply chain businesses Nov. 17-30, 2020... more than 1 million restaurant and foodservice outlets and a workforce of 15.7 million employees","enforcement":"n/a","functions":["DR","BA","CB","WF"],"notes":"Context for scale in 2020 Q4; the numbers are the Association\u0027s survey, not orders.","sourceUrl":"https://restaurant.org/news/pressroom/press-releases/restaurant-industry-in-free-fall-10000-close-in","snapshot":"","fileExists":true,"fileBytes":292490,"grade":"secondary","character":"","description":"","collection":"SEC-05","url":"/library/SEC-05-018","exhibitUrl":"/exhibit/SEC-05-018","citation":"National Restaurant Association, Press release: Restaurant Industry in Free Fall; 10,000 Close in Three Months (Dec. 7, 2020), transmitting the Association\u0027s letter to Congressional leadership (Ex. SEC-05-018)","stateName":"","related":["SEC-05-017"]}