NEW YORK — Gov. Andrew Cuomo says it's time to focus on relaunching New York City’s moribund economy after weeks of declining deaths and hospitalizations.

After ringing open the Stock Exchange, the Democratic governor laid out a plan that includes accelerating major infrastructure projects and tackling transmission of the new coronavirus in the hardest-hit neighborhoods.

The mid-Hudson Valley, including the city’s northern suburbs, on Tuesday became the latest region of New York state to begin slowly phasing in economic activity. Long Island was expected to follow Wednesday, which would leave New York City as the only region awaiting the start of reopening.

Statewide hospitalization rates continue to decline with about 200 new cases a day. Cuomo reported a one-day total of 73 deaths, the lowest figure since March and down from a peak of nearly 800.