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  "documentTitle": "NY COVID-19 Preliminary Economic Impact Assessment",
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      "text": "The Covid scenario used in this analysis makes the following, high-level assumptions.",
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      "text": "The above assumptions were formulated for analytical purposes only, reflecting publicly available data and independent subject matter expertise. These assumptions do not reflect future policies.",
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      "text": "These analyses represent only potential scenarios based on discrete data from one point in time. They are not intended as a prediction or forecast, and the situation is changing daily.",
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      "text": "Covid epidemic continues to spread in different parts of the US until late Q2 / early Q3 2020 with peak dates varying across US cities. Current lockdown policies implemented nationwide are gradually lifted beginning in late Q2 2020.",
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      "text": "Short term impact on NY economy differs by industry. Recovery pattern depends on industry-specific factors. Some industries experience acceleration of trends. NYC impacted more severely. Long term GDP potential of NY state is not affected.",
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