Coronavirus impacts Labor Day spending, experts say

WATCH: Local experts worried after low cash flow over holiday weekend

MEMPHIS, Tenn. — According to experts, people spent less this Labor Day holiday weekend than last year thanks to the coronavirus,

Al Suleimen has owned Scooties One Stop shop for more than 30 years.

Located just off the University of Memphis Campus. you can find Suleiman behind the counter of Scooties ringing up customers.

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“I can’t wait until this is over with so we can get back to normal,” said Suleimen.

Suleiman told FOX13 his business has been hit hard by the pandemic. He said the normal rush he receives from students and visitors on a typical game day has dwindled.

“Business was excellent anytime there was a game, football or basketball. Now it’s medium,” said Suleimen.

And Suleimen is not the only business owner missing out on the normal spike in Labor Day customers

“Other things being impacted are travel and the hotel industry is getting hit really, really badly,” said University of Memphis professor Elena Delavega.

According to the American Hotel and Lodging Association, hotel bookings have dropped 66 percent over the last year.

“There are a lot of people not spending money because they can’t, others have gone through their savings,” said Delavega.

Local experts have a suggestion to boost the economy - another stimulus check.

“When people received the $1200r check, they were able to buy groceries, computers, and that helps the economy as a whole,” said Delavega.

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