COVID-19: NYC Quote of the Day 2020-07-30

Thursday, July 30, 2020, NYC Mayor de Blasio - After Phase Four, Bring Back the NYC Economy in Stages

Question: We're in Phase Four, Phase Four is the last phase. There's nothing else planned. Obviously a lot of things are still closed. There's no timeline for things like indoor dining or malls or museums or anything like that. Are there any milestones on the horizon, any targets, anything that we're attempting at this point to progress towards, now that we've gotten through all the phases, but we're still kind of in a holding pattern?

Mayor: I think we have a natural inflection point coming up after Labor Day where we expect to see more economic activity, people coming off the summer. We know a lot of people were trying to restart their businesses and want to take a little more time. I think you'll see some of those folks come back now. The opening of schools will be both important, especially for kids and families, but also will have an impact on the whole economy.

I think the other very obvious inflection point is a vaccine, which some believe will be the fourth quarter of this year, some believe will be the first or second quarter of next year, but it's pretty soon.

What we're going to do in the meantime is start to lay out the vision for how to bring back the New York City economy in stages, and the things that we will have to do before. Not the same boundaries as the phases, but laying out plans for how each industry can start to come back slowly but surely, and then really have a rebound once there is a vaccine.
Edited for redundancy, grammar, and emphasis
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