What tracking restaurant reservations means about the recovering economy
Dec 03, 2021, 10:21amUpdated 27m ago
By: News 12 Staff
Tracking
restaurant reservations tell a lot about the recovering economy. In this
week’s Deep Dive, News 12’s Kristie
Reeter and Caleb Silver with Investopedia take a look at the numbers for New
Jersey and asks what your dining plans are.
In a poll taken by News 12, in New Jersey, a majority of people say they are
returning to indoor dining.
This is a big time of year it can be big for restaurants but there is a
new variant of COVID-19. There are also supply chain issues. So, what are we
seeing?
“Well the omicron variant is the unknown variable for the entire
economy, but especially the restaurant industry and New Jersey had been
experiencing a nice rebound in reservations when we look from the late summer
months into the fall restaurant reservations were up 9.2% in September, falling
a little bit into November, only up 3.3% around the holidays there,” says
Silver. “It was coming…