The pandemic spurred a rollercoaster of quick, subsequent economic events in three years that might normally occur across three decades: record unemployment, a brief recession, federal assistance, highest inflation since the 1980s, interest rate increases, and in 2023, concerns regarding a looming recession. Some U.S. consumers have dealt with the aftermath of this whiplash by shifting their spending and saving behaviors. Our experts discuss U.S. consumer trends since the pandemic — what’s stayed the same, new phenomena, and notable policy developments.
David M. Satterfield, Joe Barnes, Joyce Beebe, John W. DiamondMarch 1, 2023
The Texas power grid is infamously disconnected from the rest of the U.S. Its status as an “energy island” can bring both advantages and disadvantages. Two years ago, Winter Storm Uri knocked out power across Texas for days and exposed major reliability concerns. Here, we discuss changes made in the two years since Winter Storm Uri. Is the Texas grid “fixed?”
Julie A. Cohn, Peter R. Hartley, Edward M. Emmett, David M. SatterfieldFebruary 21, 2023