Insight
Title:
The aftermath of social distancing
Description:
Those parts of the economy that rely on bringing large numbers of people together will recover the most slowly. These include:
- Air and train travel: Travel will become less frequent (fueled by increase remote working), and more expensive (fueled by social distancing and reduced economies of scale).
- Theatres, cinemas and live events: Could we see a resurgence of drive-in theatres?
- Gyms: and other high-contact environments. Especially as people become more aware of their local amenities (see A new culture of localism)
- Universities and colleges: Schools may recover more quickly because they are considered to be more compulsory.
- Restaurants and bars.
Alternatives modes of transport and exercise, such as bicycles, on the other hand, are growing.
PESTEL:
Social