Real-time data on credit card transactions in the coming months will tell us a lot about how the reopening is going and how fast the economy can recover
— Our Carly Sitrin: “Gov. Phil Murphy said … that he will sign an executive order allowing some nonessential businesses to reopen for curbside pickup and allowing the restart of nonessential construction as the coronavirus pandemic appears to be weakening its grip on New Jersey.
“Phase 4 could include additional money for states and municipalities, more assistance for the oversubscribed small business program … and likely another round of stimulus checks to individuals. Altogether, though we expect Phase 4 to be smaller than its Phase 3 cousin , it could be in the range of $1 trillion to $1.5 trillion.”— Our Anna Gronewold, Shannon Young, and Nick Niedzwiadek in Albany: “New York will unbolt the doors on some of its businesses on Friday.
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