So a barometer on where things are heading..
My friend runs a large seafood distributor out of the SC low country.
Business died in March and he cut staff to the bare bone for a few months. He applied for PPP in June and brought everybody back as NC, SC and GA reopened. There was an immediate bump in business as everyone piled back into restaurants. Great for a few months, however, I just talked to this dude earlier and business is beginning to slow down fast again..not as bad but it's very noticeable.
A lot of his customers have been going out of business WHILE they've been ramping up on orders through the summer. This dude services national chains like Cheesecake Factory, Red Lobster, Carrabbas and major hotels like Sheraton, Marriott and Ritz Carlton.. They're ALL cutting back abruptly on orders or fighting for larger discounts on product or resorting to getting cheaper, lower quality meats. (If you go out to eat and notice a change in the quality of your meal..then this is why. Regardless if it's seafood, beef, veggies, etc.). Dude is worried about another sharp drop off in business like March going further into late fall..
Long story short, the struggle is real and without stimulus..the house of cards is shifting uneasily into negative space.