We should not lose sight of what that means for people who are still struggling and the fact we still have a very deep hole to climb out of. The socalled [inaudible] workers at the low end distribution hedonic options to work from home and federal health is already fading away. Nasa been said about what this means for cities and as we see hollowed out downtowns with your workers coming in, buying lattes and what 115th congress has called any service that depends on a smile what does that mean for city revenues . One estimate suggests especially in high rent districts, employment is still at 45 of precovid levels. We arere about to explore the sinks a bigger graph of blog, my colleagues have a blog looking at what this means for cities and look at how really depends on state revenue structure, well exposure to covid as as the highly uncertain federal policy response. If i could get the next slide, please. There we go. The point of a blog is really going into this were a lot of things we
Cities krs the u. S. From the urban institute this runs an hour. Were about to hear some very good Economic News after recordbreaking declines in economical activity in the Second Quarter of 2020, well be see eyepopping consensus, 25 growth in the third quarter. We should not lose sight of what that means for people who are still struggling and the fact that we still have a deep hole to climb out of. Much has been written about the kshape recovery. Workers at the low end of the distribution who dont have options to work from home and for whom federal help has already been paid in a way. Weve seen who will owedout downtowns with fewer workers coming in, buying lattes. What does that mean for city revenues . One estimate suggests its in highrent zip codes, highrent districts, employment is still at 45 of precovid levels. So we are about to explore these things today. We also have a blog my colleague and i have a black about what this means for cities and each industrys mix and, of course
All right, stocks are mostly higher but the major averages were much higher earlier dow up more than 120 points before pulling back despite the fade the dow and s p are on track to break a twoweek losing streak check out the individual movers, big lots taking a hit despite beating earnings estimates and gamestop tanking more than 10 on its profit miss the growing popularity of downloading games continuing to hurt traffic in stores and twitter is lower in a downgrade. Tyler . Michelle, thanks very much. Welcome, everybody to the new crown jewel in downtown atlanta, Mercedes Bens stadium. That was the Playing Field where tomorrow night the Atlanta Falcons the Arizona Cardinals will be facing this magnificent. And it is the most spek tech lar building i have been in probably in my lifetime opens wide tomorrow night it is a 1. 5 billion in the heart of the Business Capital of the south, atlanta, the eighth large metropolitan economy Mercedes Bens stadium atlanta will be here through the af
Occurence within the community. Often times, owners of stolen vehicles dont get their cars back in same condition they once were. A stolen red Nissan Altima was traveling at a high rate of speed on tuesday when it rammed the front of an suv that was backing out of a driveway. Shane stapleton, owner of shanes towing, has towed many stolen cars found in bizarre places, i actually had to take a payloader to get it out of there. It was in like a twenty foot hole. So we had to push about 3 trees out of the way and then hook up chains to it and just start pulling it out, said shane stapleton, owner of shanes towing. This truck was found by the police with stolen plates. Stapleton mentioned that he gets calls almost every day to have stolen vehicles towed. Rachel if your vehicle has been stolen has been burglarized, please notify local Law Enforcement to have a report filed immediately. Live in the studio, rachel ramos, abc9. Tim another election day is winding down, and locally Woodbury Coun
Investigation tas a turn. Sources telling cbs news in chicagag that Joe Gliniewicz was not murdered pfs. It was a suicide. Donald trump on the attack again as he falls out of the number one spot in the nationwide poll. He has run for president twice and quit. Do we have to talk about donald trump . Voters in kentucky elected a republican governor for only the second time in 40 years. Republican matt bevin. Ohio voters striking down an attempt to make marijuana legal. Projecting a ballot measure for medically e medical and recreational. Snow to much of the colorado rockies. Former walmart ceo bill simon had to pop an emergency parachute. An oilil pressure oblem . We looood up. A plane freefalling. Takata slapped with a 70 Million Dollar fine. Thousands of tourists on two indonesian islands and volcanoic ash shut the airport down. Collision between wildlife and an automobile. A moose runs straight into the cars path. All and that matters. Downtown kansas city wawa nearlylyhut down a an e