61% of Restaurants & 35% of Small Businesses Can’t Pay December Rent-ZIONIST Grinch is Stealing Christmas
A Record 61% of Restaurants, 35% of Small Businesses Can’t Pay December RentPosted: 16 Dec 2020 08:06 PM PSTAnother day, another restaurant doomsday story.According to the latest Alignable Rent Poll, it’s becoming increasingly difficult for small businesses everywhere to pay their rent in full and on time, given the latest COVID resurgences. The need for more federal funding is also becoming more pronounced for many of these businesses, according to the poll.These findings are based on the most recent Alignable Rent Poll conducted among 9,204 small business owners from 11/21-11/23/2020. Here are the highlights:Several B2C industries are devastated – 61% of restaurants can’t pay their rent this month. That’s up 19% from 42% in November.35% of U.S. small businesses couldn’t pay their rent this month, up 3% from 32% in November.Beauty salons (46%) and travel/hospitality businesses (43%) round out the Top 3 most-affected businesses, but many others are in trouble.Looking at demographics, minority-owned businesses are suffering the most, as 49% of them reported that they could not afford their rent in December. That figure is 5% higher than it was in November.Women-owned businesses are also struggling (38% of those have not paid their rent, up 3% from 35% last month).Overall, 35% of small business owners reported that they couldn’t make rent this month (up 3% from 32% in November). For minority-owned businesses, the struggle is even more pronounced: nearly half (49%) report being unable to cover their rent in December. That figure jumped 5% from 44% in November. For women-owned businesses, 35% couldn’t make rent in November and now that percentage is up to 38% in December.Looking at different sectors, it’s clear that money is growing even tighter in many B2C industries, and paying rent is becoming increasingly more challenging.Restaurants/bars top the list in December with 61% unable to cover their rent. (And that’s up 19% since November).Nearly half of beauty salons (46%) had trouble paying the rent, as did 43% of travel/hospitality businesses.High percentages of small business owners in other industries also couldn’t pay their rent in full, on time:41% of gyms40% of retailers40% of massage therapists36% of entertainers32% of construction/home services firms.Most noted that increasing restrictions based on COVID resurgences are causing more problems for them — and limiting the kind of revenue they can make for the rest of the year, and perhaps, beyond.Rent Woes Across The U.S. & Canada While 35% of U.S.-based small businesses are unable to pay December rent, small businesses in a variety of states are even more cash-strapped.In Canada, the rate is even higher – 37% of Canadian small business owners said they couldn’t make December rent, 1% higher than in November. Here’s the breakdown by state for those matching or exceeding the overall, national U.S. average:NY — 43%AZ — 43%IL — 42%OR — 42%WA — 40%MD — 40%NJ — 39%PA — 39%CA — 37%VA — 36%GA — 36%MN — 36%FL — 35%SC — 35%The following states are still struggling, but not as much as those listed above:TX — 34%MI — 34%OH — 32%MA — 31%CO — 29%NC — 27%MO — 20%Shifting from the U.S. to Canada, the survey witnessed a range of rent payment rates across the provinces. On one extreme, small businesses in British Columbia appear to be weathering the COVID storm a bit better, with only 30% of them reporting that they couldn’t afford to pay rent in full and on time. However, the situation is more severe in other parts of Canada: 43% of small businesses in Alberta, and 42% in Ontario reported not making December rent.Republished from ZeroHedge.com with permissionThe post A Record 61% of Restaurants, 35% of Small Businesses Can’t Pay December Rent appeared first on We Are Change. |
First Glitches Emerge in COVID-Vax Rollout; Alaska Health Worker Suffers “Serious Allergic Reaction”Posted: 16 Dec 2020 01:26 PM PSTA healthcare worker in Alaska was hospitalized on Tuesday with a ‘serious allergic reaction’ after receiving Pfizer’s COVID-19 vaccine, according to the New York Times.The person, who had no known drug allergies, was still in the hospital on Wednesday morning under observation, according to the report. It is unknown whether they suffer from any other types of allergies. The Alaska resident’s reaction was reportedly similar to anaphylactic reactions two heal workers in Britain experience after receiving the Pfizer-BioNTech vaccine last week – both of whom have recovered. Of note, they both had a history of severe allergies. One, a 49-year-old woman, is allergic to eggs (which Pfizer says are not in their vaccine). The other, a 40-year-old woman is allergic to several different medications. Both routinely carry EpiPenn-like devices in case of reactions.After the workers in Britain fell ill, authorities there initially warned against giving the vaccines to anyone with a history of severe allergic reactions. They later clarified their concerns, changing the wording from “severe allergic reactions” to specify that the vaccine should not be given to anyone who has ever had an anaphylactic reaction to a food, medicine or vaccine. That type of reaction to a vaccine is “very rare,” they said. –NYTNo serious adverse effects were reported during Pfizer’s US trial involving over 40,000 participants, aside from aches, fevers and other ‘minor’ side effects.Headaches All AroundAs Bloomberg notes, the first hiccups in the distribution of Pfizer’s vaccine are just beginning – including a holdup on the delivery of 3,900 shots to two states, and the announcement that roughly 900,000 fewer doses would be delivered next week than were shipped this week.Four delivery trays of the Pfizer-BioNTech SE vaccine were pulled back from delivery to California and Alabama this week and sent back to the company because they were colder than anticipated, according to Gustave Perna, the army general who serves as Operation Warp Speed’s chief operations officer.Each of the trays can likely be used to vaccinate 975 people. Pfizer has said its formula needs to be stored at 70 degrees below zero Celsius, the equivalent of negative 94 degrees below zero Fahrenheit. These trays were found to be much colder, according to Perna. –Bloomberg“We were taking no chances,” said Perna during a Wednesday news briefing.The Pfizer doses are shipped in temperature-controlled containers developed by company engineers, each of which are equipped with GPS tracking “for continuous, real-time location and temperature monitoring,” per the company.Meanwhile, roughly 2 million doses of the Pfizer vaccine will ship next week in the US, which is 900K less than the 2.9 million doses available this week. Health and Human Services secretary Alex Azar acknowledge the production hiccups, saying “As you know, they ended up coming short by half of what they thought they’d be able to produce and what they’d announced they’d be able to produce” in 2020.“They’re right now producing at their maximum capacity to deliver on the 100 million that is in the first tranche of the contract with us, and we’re providing manufacturing support,” Azar added.And on Tuesday, Florida Governor Ron DeSantis said that shipments of hundreds of thousands of doses were held up due to “a production issue with Pfizer.”The company pushed back, with spokeswoman Amy Rose saying that the company “has not had any production issues with our COVID-19 vaccine, and no shipments containing the vaccine are on hold or delayed,” adding “We are continuing to dispatch our orders to the locations specified by the U.S. government.”Republished from ZeroHedge.com with permissionThe post First Glitches Emerge in COVID-Vax Rollout; Alaska Health Worker Suffers “Serious Allergic Reaction” appeared first on We Are Change. |