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Memphis Businesses Hurt by Lockout
Posted By HOOPSWORLD On November 20, 2011 @ 7:30 am In All,Headlines,NBA Headlines | No Comments
Spindini, like many other Downtown businesses that enjoy the 45 games a year that bring fans in close proximity, can only watch.
“We would expect a full house once the game was over,” (David) Armstrong said. “Now, we won’t expect anything.”
Much will be made of the lockout’s big-picture financial effects, the million-dollar numbers trotted out by economist types. Just last fall, for instance, the Greater Memphis Chamber commissioned a study that said the team and the Forum generate $223 million annually and support 1,534 full-time equivalent jobs.
But what of the small picture? What of the small-business owners, the servers, the hotel clerks — the workers who on this chilly November night would reap the benefits of a rejuvenated group of Grizzlies fans hosting one of their more marquee games of the season?
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