More Chilling Effects Of Coronavirus: Trade Show Canceled In Chicago

Cisco Cotto
March 04, 2020 - 6:00 am
CVS Out Of Sanitizer Coronavirus

WBBM Newsradio/Steve Miller

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Related: Shoppers Stock Up During Coronavirus Scare

CHICAGO (WBBM NEWSRADIO) -- A massive trade show that draws tens of thousands of visitors and generates millions for the Chicago economy has been canceled -- the latest major fallout from the coronavirus scare.

Directors of the the Inspired Home Show 2020 over the weekend said concerns about the virus compelled them to cancel the annual exposition of housewares. It had been slated for March 14-17 at McCormick Place.

“It’s sending shockwaves through the city," Crain's Chicago Business writer Danny Ecker tells host Cisco Cotto on the latest edition of the WBBM In Depth podcast.

It could get worse, Ecker says, if several other expositions that bring vendors to Chicago likewise shut down in the near future. 

"These organizers are mulling what to do and hoping they can continue on, as planned," he says. "But if they don't, it's a lot of money that has just evaporated from the Chicago economy this year. The hope is that the virus gets contained and under control and that people start feeling a little bit more of a sense of calm and not operating out of fear."

Coronavirus originated in China and has been spreading globally. Fears about the deadly virus have increasingly loomed over financial markets and the travel industry.

In Depth is the WBBM Newsradio weekly podcast that takes a deep dive into a timely issue.