Are been institute, this runs an hour. After recordbreaking declines in Economic Activity in the Second Quarter 1 45,020 we are going to be 25 vote in the Second Quarter. For people who are still struggling to climb out of. What is written about the cake shaped recovery, workers at the low Income Distribution who dont have option to work from home and for whom federal help is already taken away. As we see with fewer workers buying lattes, any service that depends on a smile, what does that mean for revenue . One estimate suggests in high rent districts, employment is at 45 so we have my colleagues and i, for cities and looking at how it depends on revenue structure and exposure to covid19, federal and state policy response. If i could get the next slide please. There we go. The point is going into this there are a lot of things we knew about city economies and finances and it has been upended by covid19. A Success Story and many of those jobs are under threat. Cities that successfully
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
The 2020 Republican National convenon. Good evening, im judy woodruf and welcome to our special pbs newshour live coverage of the repu National Convention. This years political conventions are like none any us can remember. Welong with thousands of others have planned to be in thcharlotte, north carolin week. But because of the pandemic, this gathering will be almost entirely virtual. Speakers w are the thethe republicans am im here in the studio with amy walter and amna that. Warner right around the corner. Both df them sociallytant. We have reporters and analysts across the country. We plan to bring you the same depth of coverage and analysis ering this critical time in an historction year. This week President Trump will years. He case for another four and we will be here to hear all of it. Lets turn first to our newshour reporters am that nawaz as i say is in thstudio just around the corner from me to give us a guide on whato expect and key moments to look out for. Hi judy, like the
We will have law and order on the streets of this countryfo r every american of every race and creed and color. Tonight, President Trump acpts his partys nomination for four more years. The final night of the Republican National convention. Woodruff good evening. Welcome to our special pbs wshour live coverage of the final night of the republican naonal convention. We, along with thousands of others, had initially planned to be in charlotte,orth carolina, k,this wut because of the pandemic, the gathering will be almost entirelyirtual, including some of our reporters, analysts and the speakers for threpublicans. Tonight also has the backdrop o ssive hurricane along the gulf coasts of texas and louisiana. We plan to bring you the same depth of coverage and analysis during this critical time in a historic election year. I am here in our studio, socially distanced, with amy walter. We have reporters and analysts ac. Ross the count and our amna anwaz is in the studio around the corner to he