What industries have been hit by the reaction to Coronavirus?

By: Amanda Young

While it isn’t yet clear how long or short term these effects will be or how they’ll impact many company’s bottom line in Q1 and beyond – here is a list of industries being economically affected by the recent coronavirus fears.


  • A lot of companies use manufacturers in China and have decided to pause relations with those companies until the disease outbreak calms down.
  • Shortages on everyday products like disinfectants and toilet paper have been caused.
  • Some manufacturing companies have been forced to lay off employees.


  • Healthcare professionals are in extremely high demand.
  • Retired healthcare professionals have been asked to return back to work.

Food Service

  • To prevent contact with other individuals, people are choosing to stock up on things from the grocery store rather than go out to eat. 


  • To take precaution, individuals are cancelling hotel reservations to prevent the spread of COVID-19.


  • Americans are cancelling and postponing all travel plans to prevent coming in contact with others who have been infected.
  • Airlines have been forced to reduce flight schedules.

Sports Entertainment

  • The NBA has suspended its season indefinitely. 
  • The NHL has suspended its 2019-2020 season.
  • The MLB has cancelled the rest of spring training.
  • The MLS has suspended its season.
  • The Boston Marathon has moved its original date to September 14th. 

Entertainment and Large Events

  • Companies are cancelling and postponing large gatherings.
  • Broadway has cancelled all shows leading up till April 13th.
  • Coachella Valley Music and Arts Festival is currently having the discussion on whether or not to cancel or postpone this year’s event.
  • The Metropolitan Museum of Art has temporarily closed. 
  • Theme parks, like Universal studios, have temporarily closed their doors


Data gathered from: