Experts say aggressive testing and continued social distancing will have major impact on day-to-day life until a vaccine is developed.
Experts say at least some stores will be able to reopen relatively soon — if the number of customers who are allowed inside is limited to allow for social distancing.
Employees can get used to staying at home, Amadeo said, as companies may continue to allow working remotely as a way to keep their offices less crowded for social distancing purposes. There could also be a long range financial incentive to that kind of staffing, with lower rent costs for smaller spaces.
"The longer this goes on, the more the enthusiasm will wane. How do you ask someone who lost their own job or were furloughed to keep spending money on a gym?" Reports have floated the possibility of Major League Baseball starting the 2020 season with all 30 teams playing games at Arizona's Chase Field - home of the Diamondbacks - without live spectators, or having the teams play an adjusted schedule against spring training opponents in Arizona and Florida. The league's hefty television contract provides a safety net that can sustain the plummet in ticket revenue.
The same holds true for concerts, which rely on packing large crowds into clubs or arenas. Experts say it will take a while to be able to set concrete dates for new and rescheduled shows. In the meantime, music promoters such as Live Nation have started livestreaming “virtual” sessions with musicians, an option that could potentially be monetized.
"Movie theaters will likely suffer a long time before things get back to approximately normal," Vogel said."Unless a film is very compelling to see, you may not want to sit in a crowded theater with people for three hours."Switching to remote learning has had uneven results across the country, but at least at the university level, online learning could have long-ranging implications even after it's safe to return to those 500-seat 101-level courses.
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