Research Library

Fellows Joyce Beebe and Edward M. Emmett discuss the child care shortage in the U.S. and evaluate a variety of policy solutions.

Young people in the U.S. face an unprecedented mental health crisis. The COVID-19 pandemic accelerated rates of depression, anxiety and suicide among adolescents that were already at historically high levels before the pandemic. Since 2020, mental health-related emergency room visits have increased 31% among adolescents while suicide rates among teenagers increased 25%.

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.