Some transactions will go on as normal regardless of the intensity of the virus; these include many services that can be provided remotely and the sale of some goods, such as food and medicine. Other transactions will be deferred, including the purchase of some manufactured goods (cars would be a good example) and some tourist activities. Finally, some transactions will be terminated altogether, and the losses will be permanent. The coffee you didn’t buy from Starbucks today will not be made up at some time in the future.
As you can see, the impacts do not break down neatly on a services vs. goods basis. How severe will the coming recession be? It depends on the size of the last group of transactions, and the extent to which the federal government fills in the gaps with bailouts.