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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 hav ....
Next, Governor Kevin Stitt talks about covid19s response in his state of the state address. Governor stitt is in the middle of his if i remember in his first term of office and he spoke for 45 minutes. With the chief operating officer john budd and members of my cabinet. Mr. Chief justice, members of the 58th legislature, to my best friend, first lady sara stitt. To my six children and my parents that are with us today, and most importantly, to my fellow oklahomans. It is a great honor to stand before you and to partner with you to lead our state through unprecedented times. I respect the Constitutional Authority of both of these legislative bodies. Mr. Speaker, mr. Pro tem, members. Senate and the house, i stay here in your chamber today and pledge to work with you and to have the best and most productive session in state history. [applause] id also like to r ....
He has been a member of the faculty of Southern California noted by Time Magazine is one of the greatest minds. Appearedms work has in many different works. Jonathan is a member of the Advisory Board for the state financial board. Joining us to kick off remarks and share more information about the top trends in the 13th edition is jonathan williams, then arthur laffer, and steve moore. You can ask questions by dropping them into the box at the bottom of your screen. Jonathan, why dont you take it away . Good afternoon, everyone. It is such a pleasure to work with my good friends on this project. Going into our 13th edition that will be released tomorrow. This is been top of mind on how do we exit this covert environment in a way that makes us more prosperous. Have goodarch will comments on that. Art will have good co ....
Thank you, madam secretary and now ill call for adjournment and commissioner driscoll, did you make the motion . I cant remember. Motion has been made and seconded and you have the call. Right. Thats why i said, i wasnt sure. All in favour for adjournment. Meeting is adjourned. No objection to ajourning. Thank you very much. Good afternoon. Welcome to the june 9, regular meeting of the San Francisco board of supervisors. Could i have roll call, please. Thank you, mr. President. Supervisor fewer. Present. Supervisor haney. Supervisor mandelman. Present. Supervisor mar. Present. Supervisor peskin. Present. Supervisor preston. Present. Supervisor ronen. Present. Supervisor safai. Present. Supervisor stefani. Present. Supervisor walton. Present. Supervisor yee. Mr. President. All members are present. Thank you. Please join me in the pledge of allegiance. Place your right hand over your heart, please. I pledge allegiance to the flago f ....