Decline in tourism hurts Waco's economy, leading Magnolia to layoff workers

Posted at 7:58 PM, May 21, 2020
and last updated 2020-05-21 20:58:15-04

WACO, TX — When most Texans think of Waco in the present, they think of the Silos, Fixer-Upper, and of course the Baylor Bears.

But due to COVID-19, all of the attractions that brought people to visit have been shut down.

Since 2015, the City of Waco has held over a 1.2 percent population growth rate. They grew from over 131,000 to, now in 2020, over 144,000 people according to

Due to the pandemic, all the places and attractions that make Waco special have been closed down.

At the beginning of this year, Magnolia had planned to do a $10.4 million dollar expansion. Some of the expansion is still on track to be completed by September, but the Magnolia Network has been delayed, along with lay-offs of employees at Magnolia Table, the bakery, and the store.

Spokesman John Marsicano said via email, “We're looking forward to welcoming back our guest-facing employees in accordance with our timeline for reopening... our hope is to begin hiring for any new roles added as a result of the expansion, as well.”

He also said this will be based on foot traffic and following safety guidelines.

KXXV spoke with Brazos Tours today and they told us that business is slow, but they have hope once Magnolia reopens that business will pick back up.