How A Restaurant Overcame Pandemic Fear to Survive

Jul.30 — Personal consumption in the second quarter exceeded forecasts as Americans had both the wherewithal and the opportunity to ramp up spending on services such as dining out. There was an annualized 11.8% gain, the second-largest advance since 1952. Bloomberg’s Romaine Bostick digs into how one New York City restaurant survived during the pandemic, and how the industry is hopefully on the road to recovery.