More evidence that it's not stay-at-home orders that hurt the economy but rather the virus itself. It seems that if you really want to encourage the economy then what you really need to do is to make [email protected] sure to suppress the virus:
Coronavirus surge in states that rushed to reopen is hurting economic growth
In mid-May, Arizona Governor Doug Ducey ended the state's stay-at-home order and proclaimed the state ready for "the next stage of economic recovery." Little more than a month later, that recovery is under serious strain as local coronavirus cases spike, causing some reopened businesses to close again and consumers to retreat homeward.
States now seeing explosive growth in coronavirus cases are also taking an economic hit, with indicators such as restaurant bookings, consumer spending and small business activity pointing to a slowdown, according to Deutsche Bank economists.