Economist says businesses will make slow recovery once reopened

Economist says businesses will make slow recovery once reopened

CHARLOTTE, N.C. — Friday will be the first opportunity in months for people to eat inside a restaurant in North Carolina.

That’s a possibility since Phase 2 of the state’s reopening plan officially starts at 5 p.m Friday, and many businesses are excited about it.

>> Have questions about the coronavirus pandemic and its impact on the Carolinas? We have an entire section dedicated to coverage of the outbreak -- CLICK HERE FOR MORE.

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But an economist said the COVID-19 pandemic has damaged small businesses so much that the recovery won’t be a rocket. He said it will be more like a car getting stuck in the mud.

“Anybody who thinks they know what’s gonna happen over the next several months is kidding themselves, none of us have a clue," said Dr. John Connaughton, an economist at the University of North Carolina at Charlotte.

>> In the video at the top of the page, Channel 9′s Glenn Counts spoke to Connaughton, who had some sobering news about how this reopening might go.

NC barbershops, salons to reopen; restaurants can serve indoors under Phase 2 changes