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Fewer Labor Day barbecues are anticipated this 12 months, in keeping with Financial institution of America

Paulo Rodredo [left] and Ney Santos [right] from Philadelphia at the grill on Saturday afternoon. On July 4th, Saturday afternoon, July 4th, 2020, in the Blue Brooks Lake Dry Brooks Day Use Area in the municipality of Bern. As a precaution against large crowds during the coronavirus / COVID-19 outbreak, the facility was used to capacity at 75%. By 11:00 a.m., capacity was reduced and a line formed leading to the gate and Palisades Drive, with cars allowed in while other cars left. Blue Marsh Lake is an artificial lake managed by the US Army Corps of Engineers.

Ben Hasty | MediaNews Group | Read Eagle via Getty Images

According to a study by Bank of America, the coronavirus pandemic is expected to affect the number of Labor Day barbecues this year.

The bank surveyed 1,072 consumers about their weekend holiday plans and found that only 45% wanted to attend or host a barbecue. In a typical year, according to Hearth, Patio & Barbecue Association, approximately 56% of U.S. consumers will celebrate with grilled hot dogs and cold beer.

The survey results reflect respondents' plans for the weekend of July 4th, when more consumers barbecued compared to the national holidays on Memorial Day and Father's Day this year. A quarter of respondents bought a grill in the past two months.

Of the consumers who want to celebrate Labor Day, 35% will do so with a crowd of 10-25 people, which depends slightly on the number of respondents who wanted to barbecue with a large group on July 4th or Father's Day.

"We believe the slowing trend in the number of new Covid-19 cases combined with allowable outdoor social distancing guidelines has resulted in more consumers gathering," wrote a team of analysts led by Bryan Spillane.

Fewer barbecues than usual could impact demand for products from food companies like Kraft Heinz, Conagra Brands, and Tyson Foods, as well as brewers Constellation Brands and Molson Coors, although the pandemic has spiked grocery store sales in recent months as consumers have less Spending money in restaurants and restaurants bars.

White House coronavirus advisor Dr. Anthony Fauci, has warned that previous holidays have caused new swings in Covid-19 cases and he wants the public to be cautious this weekend.

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