On The Road Back: Metrics of New York City's Recovery From COVID-19 Six Months Out

October 6, 2020

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A little more than six months have passed since March 20, 2020, when New York Governor Andrew Cuomo issued an executive order for all non essential workers to stay home to help stem the spread of COVID 19. By the end of the first month of the shutdown, the city’s theaters, restaurants, schools and nonessential workplaces were shuttered, and millions of commuters, residents and tourists were suddenly absent from the city’s streets and gathering places. “The city that never sleeps” went into something of a hibernation for much of the second quarter.

Six months on, both the national and local economies have strengthened, adding back jobs and recovering consumer spending. And, even as some measures of city life are still far below pre-COVID levels – including the re-occupancy of office buildings and the return of tourism — reassuring measures of progress are gaining momentum. As we look forward to continued progress with reopening, including hybrid in-person learning in local and regional public schools and the re-instatement of indoor dining with social distancing, we are cautiously optimistic that New York will slowly but steadily build on this momentum, while remaining conscious of the potential for a COVID resurgence as colder weather sets in.