Greater LA
COVID-19 hits LA economy harder than Great Recession, says Mayor Garcetti during State of the City
California’s stay-at-home orders have been in place for a month. While they have helped flatten the curve, they’ve also caused tax revenues in LA to take a nosedive.
California’s stay-at-home orders have been in place for a month. While they have helped flatten the curve, they’ve also caused tax revenues in LA to take a nosedive. Nonessential businesses will continue to be closed for a while, and some won’t survive.