National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
States on East, West Coasts Forge Regional Pacts to Restart Economies
Led by New York State, six East Coast states have agreed to partner on a strategy to slowly reopen their economies following the coronavirus pandemic. Separately, the governors of California, Washington and Oregon reached a similar agreement on the West Coast.
“This is not a light switch that we can just flick on and everything goes back to normal,” said New York Gov. Andrew Cuomo. “We have to come up with a smart, consistent strategy.” New York is working with New Jersey, Pennsylvania, Connecticut, Delaware and Rhode Island.
While the three West Coast states will each pursue a state-specific plan, they’ve agreed to work together on “a shared approach for reopening our economies – one that identifies clear indicators for communities to restart public life and business,” Governors Gavin Newsom of California, Kate Brown of Oregon and Jay Inslee of Washington said in a statement. Neither regional group specified a timeline.
For comments, questions or concerns, please contact Paul Bubny
- ◦Economy
