Power Poll: 82% of Chattanooga area leaders surveyed say virus has had negative effect on revenues but many still hesitant to reopen

A sign announces the closure of the Massachusetts Unemployment Office, Saturday, May 9, 2020, in Boston. (AP Photo/Michael Dwyer)
A sign announces the closure of the Massachusetts Unemployment Office, Saturday, May 9, 2020, in Boston. (AP Photo/Michael Dwyer)

As Tennessee and Hamilton County take steps to open an economy effectively shut down in March by the coronavirus crisis, 44% of area leaders surveyed this week say the pandemic has had a "significant" negative effect on their revenues.

Another 38% said the coronavirus has had a "slightly" negative effect on their businesses.

The wide-ranging, chilling effects of the pandemic, moreover, may not be easily overcome, according to Chattanooga area business, civic and government leaders who responded to a new Power Poll this week.

Tennesseans should expect full or partial shutdowns for some period of time as transmission of the virus ebbs and flows in coming months or years, according to 77% of Power Poll respondents. Poll respondents in the state's other major cities agreed, with 77% to 84% of survey respondents in Knoxville, Memphis and Nashville saying future shutdowns can be expected. Poll respondents in the state's rural counties also concurred, with 63% saying coronavirus ups and downs could result in shutdown measures.

"What this survey tells us is that no matter where you are - in the board rooms or shop floors, in the big cities or in a rural county - this pandemic is having a staggering effect on people. White collar, blue collar, it doesn't matter," Bruce Dobie, founder of the Nashville-based Power Poll, said Thursday.

What is the Power Poll?

The Power Poll surveys influential people in Chattanooga and Hamilton County about key issues our community faces. This poll, which is not scientific, was conducted Monday, May 18, to Thursday, March 21. Of the 176 people surveyed, 77 (43.7%), responded.

(VIEW OUR CORONAVIRUS TRACKER HERE)

Gov. Bill Lee allowed his statewide stay-at-home orders to expire on April 30; since then, counties and cities have implemented phased reopenings of their economies.

"Public policy decisions need to be based upon solid data with continued analysis and revision as the landscape continues to change," Hamilton County Juvenile Court Clerk Gary Behler said in comments on the survey.

Phased reopening should proceed "with caution," he said. "We must begin to reopen our economy or face individual and societal economic ruin."

While 82% of respondents said the pandemic has had a significant or slight negative effect on revenues, about 42% said they would reopen or resume full on-site operation only when certain criteria are met, such as a declining number of cases, expiration of all shelter-in-place guidelines, wide testing availability, etc.

"More testing and retesting is needed," Behler said.

Bea Lurie, a nonprofit executive and businesswoman, said, "It truly won't be safe until there is a vaccine with enough doses for the U.S. population. I wish that more folks would take this virus more seriously and take the proper precautions. We need that to happen to slow its spread."

About 30% of survey respondents said they are comfortable opening their businesses right now, and another 29% said they would "continue indefinitely" with telecommuting strategies or staggered shifts at the office.

As more and more restaurants resume dine-in service - albeit with social distancing and other public health safety measures in place - Power Poll respondents split nearly 50-50 on whether they felt safe eating a meal in a restaurant today: 49.3% said yes while 50.6% said no. The split wasn't nearly as close in Tennessee's other big cities. Just over 46% of respondents in Knoxville said they felt comfortable eating in a restaurant, but that figure drops to just 30% in Memphis and Nashville.

Power Poll respondents also said they will wait the longest period of time to return to live concerts or shows (35%), airline travel (26%), sporting events (21%), and movie theaters (14%).

Upcoming Events