I live in a tiny tourist town (population of ~600) upriver from NYC, our busy season is from July to October spurred on by the millions of city dwellers who take the train up to our tiny town to go to our numerous festivals, our vibrant downtown shops and hike our wondrous mountain trails. Hiking has returned (but feels significantly down from last year), shops are open but not many people are training up, and all festivals for the rest of the year have been canceled. I know a handful of shops have shuttered, a few that I know the owners of are on the verge of shuttering, as I'm sure most of them are.

I'm certain that once this pandemic is over, there will probably be some people who scoop up these shops for a steal, people will move back into the cities with rents depressed, and things will start recovering, but there will be a HUGE scar left that will keep consumer confidence down for a while. I'm worried that the millennials, having faced the second major economic blow in their short careers (mine included), are going to forever hold on to this trauma.