Which city economies were damaged first? From February to March 2020, 191 U.S. metro areas shed a combined 591,000 jobs—about 84% of the national total. A new brief from Alan Berube sheds light on the COVID-19 driven recession and what might come next.
Massive aid to states is needed. "The simple fact is that the pain of recessions does not hit all areas equally." Mark Muro says it is imperative for COVID-19 aid packages to account for the large variations in states' economic conditions.
The virus is expanding into Trump country. "As the coronavirus moves into new areas where a broader range of population groups reside, attitudes favoring greater preventive measures and delaying the reopening the economy may also become more widespread," William Frey writes.
Innovation districts are continuing the fight. By leveraging local assets, innovation districts are demonstrating the power of coordinated and concentrated efforts to address an unprecedented global challenge, Julie Wagner contends.