California's new lockdown dims outlook for US growth in COVID-19 pandemic

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

SACRAMENTO: California Governor Gavin Newsom's decision on Monday (Jul 13) to reimpose restrictions on bars, restaurants, gyms and even ordinary ...

to tamp down a surge of coronavirus infections is dimming economic growth prospects for the nation as a whole.

By comparison, over the course of the 12-year post-financial crisis expansion Texas created one of every eight US jobs, and Florida, about one of every 11.In March, after becoming the first US state to impose a stay-at-home order in response to the coronavirus pandemic, California also became the nation's job-loss leader. Some 2.6 million jobs disappeared in March and April, about equal to the combined job losses in Texas and Florida.

But none has gone as far as Newsom did on Monday; and none of those states has near the footprint of California when it comes to economic heft on a national scale. Before the coronavirus crisis, the state accounted for about 14 per cent of the whole US economy.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Japan, US discussing jump in COVID-19 cases at US military basesTOKYO: Japan and the United States are sharing information about coronavirus cases at US military bases in Okinawa prefecture, a government ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US COVID-19 vaccine program to start manufacturing by late summer, says US officialDrugmakers partnered with the US government are on track to begin actively manufacturing a vaccine for the COVID-19 virus by the end of the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US: Nasdaq falls on weak day for stocks amid Covid-19 closures[NEW YORK] A rally on Wall Street fizzled on Monday following more signs of coronavirus troubles in the United States after European equities were boosted by progress towards a vaccine. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US man, 30, dies from virus after attending 'Covid-19 party'NEW YORK (AFP) - A 30-year-old man from Texas died from the new coronavirus after attending a 'Covid-19' party hosted by an infected person, a doctor has revealed, underlining the risk to younger people.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

US man, 30, dies from virus after attending 'Covid-19 party'[NEW YORK] A 30-year-old man from Texas died from the new coronavirus after attending a 'Covid-19' party hosted by an infected person, a doctor has revealed, underlining the risk to younger people. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

New US health crisis looms as patients without Covid-19 delay careSACRAMENTO (REUTERS) - A Texas man who waited until his brain tumour was softball-sized; a baby who suffered an ear infection for six days; a heart patient who died: The resurgence of Covid-19 is creating another health crisis as hospitals fill and patients are fearful or unable to get non-emergency care.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »