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restaurants and bars gained 286 000 workers in february following several months of losing jobs the latest sign that the industry's recovery is on the horizon after a long cold winter freezing temperatures coupled with a resurgence of new covet 19 cases hurt eateries at the end of 2020 and into the new year so far in 2021 i would say that it looks worse than what it looked like in october november said rabobank senior analyst ahmed sharma but after harsh winter storms warmer temperatures are starting to hit some parts of the country vaccine distribution which started off sluggish has rapidly picked up steam in the last month more than 54 million americans about 16 percent of the total population have received at least one dose as of thursday morning according to data from the centers for disease control and prevention the approval of the johnson and johnson vaccine which is being distributed with help from merck will further accelerate those numbers if you look at our forecast going forward a big piece of how we look at the rest of 2021 and even into 2022 is the speed with which that vaccine is rolled out said technomics senior principal david hanks in response to accelerating vaccine distribution states have begun relaxing or even preparing to eliminate capacity limits in restaurants and other venues although centers for disease control and prevention officials have recommended slowing down the rollback of restrictions since the start of march at least 35 states have eased restrictions in some way connecticut for example is planning on allowing restaurants to operate at full capacity by the end of march but a recent industry poll showed palpable signs of pain the national restaurant association surveyed three thousand restaurant operators between february second and ten respondents were pessimistic about the industry's recovery efforts about a third said it would take 7 to 12 months for business conditions to return to normal at their restaurant and 29 said it would take at least a year just weeks later the mood feels a bit lighter in part because of the progress on approving the latest stimulus package if passed the bill would put one thousand four hundred dollars in the bank accounts of many consumers who may choose to spend at least some of that money eating out while they still feel uncomfortable traveling democrats are working to approve the plan by march 14th what we've seen when those have been issued is that restaurants have been a beneficiary hank said there's a pent up demand from consumers moreover the stimulus bill includes a program to give restaurants grants of up to 10 million dollars if they lost money last year those funds could help independent eateries pay off bills rehire employees and stay afloat just in time for spring's warmer temperatures fourteen percent of the nra survey respondents said that they would probably or definitely close their doors within the next three months if they didn't receive any federal aid