10 states in US that represent 38% of Economy plan for slow re-opening

US News of note

https://www.reuters.com/article/us-health-coronavirus-usa-states/ten-u-s-states-developing-reopening-plans-account-for-38-of-u-s-economy-idUSKCN21W1D6

SAN FRANCISCO (Reuters) – The ten U.S. states coordinating plans separately from the White House to reopen businesses shut by the coronavirus are responsible for an outsized proportion of the U.S. economy.FILE PHOTO: U.S. President Donald Trump addresses the daily coronavirus task force briefing at the White House in Washington, U.S., April 13, 2020. REUTERS/Leah Millis

On Monday, three states on the U.S. West Coast, led by California Governor Gavin Newsom, and seven on the East Coast, led by New York Governor Andrew Cuomo, said they will develop coordinated regional plans.

With the exception of Massachusetts, all are led by Democratic governors.

Collectively the ten states generated 38.3% of the total U.S. economic output in the fourth quarter of 2019, highlighting how much of the U.S. economy depends on its most populous states.

For a graphic, please see reut.rs/2VsHfYC

California and New York, the biggest and third-biggest states respectively, account for about 23% of total U.S. economic output, figures from the Bureau of Economic Analysis show.

Announcements about the pacts to coordinate plans came after Republican President Donald Trump declared any decision on reopening the economy was up to him. The White House is preparing its own plans which are expected to be announced soon.

But Trump also suggested he would prefer to defer to governors. “I’d rather have them make the decision,” he said in his daily news conference.

The U.S. constitution gives state authorities the power to police citizens and regulate public welfare.

Outside of the two coalitions, the two states with the biggest contribution to GDP are Texas and Florida, which together account for 14%. Both are led by Republican governors

The U.S.’s 50 states generated $21.4 trillion in total economic output in 2019, from widely different industries. Finance dominates in New York, for example, agriculture and tourism in Florida.

California will detail its plan with Oregon and Washington on Tuesday, Newsom said Monday.

In the U.S. Northeast, the states of New York, New Jersey, Connecticut, Delaware, Pennsylvania, Rhode Island and Massachusetts will coordinate to gradually reopen their economies. Each state will ultimately make its own decisions based on its specific needs, Cuomo said.

Reporting by Ann Saphir and Heather Timmons; Editing by Edwina Gibbs

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

"JB"
“Jesus Christ Donald”!!!!! Enough with the Nobel Peace Prize crying!!!

“J.B” OpEd: If anyone can rip off the LAST (5) NOBEL PEACE PRIZE winners WITHOUT LOOKING IT UP, I’ll take a SHIT IN MY HAND ON CNN.      I mean, WHO CARES????????????? The US MILITARY is NOT to be used to add to your fuckin TROPHY ROOM. Every time …

International Relations
Post Invasion, what is the temperature back home?

https://www.independent.co.uk/news/world/americas/nicolas-maduro-trump-venezuelan-kristi-noem-miami-b2898569.html In the days since the Trump administration ousted Venezuelan President Nicolás Maduro in a late-night military raid, Alejandra Salima has spoken to fellow Venezuelan migrants in her role as an advocate. Like her, most voice feelings that seesaw between joy and trepidation, she said. The removal of Maduro is “a first step, but …

"JB"
WELL…………HELLO 2026. We just got off to one HELL of a START,

Op Ed: “JB”- So I was just sitting here compiling my 2025 “PNO” – YEAR in REVIEW. A BIG part of what I was composing was about how there is NO OTHER country in LATAM that has been more ADVERSELY affected over the past few years from the instability of VENEZUELA …