Warning! COVID-19 is smashing U.S. fitness industry

The fitness industry has been battered by the coronavirus pandemic, leaving hundreds of thousands without jobs while gyms are closed.

On July 27, the International Health and Racquet & Sportsclub Association sent a letter to U.S. Congress describing job losses and long-term effects of the pandemic on the industry.

According to the letter, the industry is estimated to have lost 7 billion U.S. dollars in revenue as of July 1.