How did the lockout effect certain economies?

The NHL Shoots the Economy Down

            The NHL lockout is negatively affecting North-American economies. Now while the lockout has been resolved, many economies are still in ruins from the four-month lockout. People are hoping that the economy will bounce back but some are still left in despair.

                  The long delay of the hockey season has lead to the Canadian hockey business, CHE, left in ruins. The company CHE sells merchandise to fans but also sells equipment to Canadian hockey teams like the Toronto Maple Leafs. The company has lost thirty percent in revenue since last years season. They dropped seventeen percent in team owned merchandise and thirteen percent in fan merchandise. This company has had to lay off two percent of workers, who worked in the offices, one percent in factories, and two percent in shops. Now the company is still doing decently in revenue because the company still sells to other leagues in Canada, like the OHL but they wont nearly get as much money as they got from the NHL. Now that the lockout is resolved they will sell equipment to the teams again but they wont be able to sell the same quantity of the equipment because the season will only have half as many games. This particular company gained in revenue 3.5 percent every year since the 2005-2006 lockout but it will take this company another five to six years just to get the same amount of money that they were making before the lockout, and hire back all the people who got laid off. I think that it is very good that there will still be a season but in the numbers it shows, that it will be years before North-American companies that are dependent on the NHL are back to the state they were in before the lockout.