Technogym is the leading company in the Wellness and Fitness field all over the world. With 2,200 employees, 14 branches in Europe, U.S., South America, Asia and Australia, Technogym exports its…read more
ABS survey shows ‘arts and recreation’ businesses as being hardest hit by Coronavirus pandemic
Newly released data from the Australian Bureau of Statistics (ABS) shows that the sector it defines as ‘Arts and Recreation’ has been the hardest hit by the Coronavirus pandemic with more than half (53%) of businesses ceasing to operate in the past month.
Data from the new ABS Business Impacts of COVID-19 Survey released this week shows how Coronavirus restrictions on arts and recreation businesses as being greater that the two other industry groups most impacted to date - Accommodation and Food Services (35% closures) and Information Media and Telecommunications (31% forced to shut down).
The devastating impact on these sectors is clear given the ABS found overall, 90% of Australian businesses reported that they were operating in the week commencing 30th March.
The ABS' classification of arts and recreation includes: creative and performing arts activities; fitness, recreation and sport activities; gambling activities; and heritage activities. It does not include tourism.
Click here to link to ABS full report Business Impacts of COVID-19 Survey (updated 4th May 2020).
Click here to view the ABS link to the full suite of additional reports to measure the impact of COVID-19.
16th April 2020 - Coronavirus hit arts industry needs $750 million rescue package
7th April 2020 - Two-thirds of the world’s fitness clubs are currently closed
2nd April 2020 - Fitness Australia encourages Australians to ‘Keep on Moving’
2nd April 2020 - NSW Coronavirus lockdown to last 90 days
30th March 2020 - NRL slashes costs and backs clubs through Coronavirus crisis
29th March 2020 - AFL and players agree pay-cut deal through Coronavirus shutdown
27th March 2020 - Doubts over Australian ski season as Coronavirus restrictions impact
12th December 2019 - Australian Tourism Industry Council welcomes ABS record tourism numbers
19th February 2015 - ABS notes declining sport and physical recreation participation
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