Chris Christopher, Jr., PhD, CBE – Economic Forecasting Uncertainty on the U.S. Economies

[Slides]Economic Forecasting Uncertainty on the U.S. Economies – Chris Christopher, Jr., PhD, CBE, New York State Division of the Budget

[Recording]Economic Forecasting Uncertainty on the U.S. Economies – Chris Christopher, Jr., PhD, CBE, New York State Division of the Budget

The COVID-19 pandemic has significantly interfered with normal economic activity across the nation. These interruptions have also created significant economic forecasting challenges and constrained the ability of governments to think critically about long-term solutions.

Our Vice President of Economics Peter Evangelakis, Ph.D. will be hosting a special REMI guest webinar on Wednesday, September 9th from 2:00 to 3:00 p.m. (ET) that identifies the numerous obstacles brought on by the current outbreak and how they have impaired planning procedures across the country.

This upcoming presentation, “Economic Forecasting Uncertainty on the U.S. Economies,” will feature Chief Economist Chris Christopher, Jr., PhD, CBE from the New York State Division of the Budget. Dr. Christopher has had extensive macroeconomic forecasting experience related to the U.S. and global economies.

Dr. Christopher will be analyzing the economic forecasting uncertainty on the national and sub-national economies since the first two months of the year, drawing upon various economic forecasting surveys, data revisions, and high-frequency indicators.

Dr. Evangelakis will also be giving overviews of state level responses to the pandemic and descriptions of the methodological approaches that can be used when examining the uncertainty surrounding economic forecasting using the REMI model.

Investing in Energy and the Environment Post-COVID

[Slides]Investing in Energy and the Environment Post-COVID – Billy Leung, Natalie Zhu, Ph.D., & Brandon Stanaway, REMI

[Recording]Investing in Energy and the Environment Post-COVID – Billy Leung, Natalie Zhu, Ph.D., & Brandon Stanaway, REMI

By expanding clean technology manufacturing and innovation, policymakers and industry leaders can better prepare the United States economy for the uncertainties that lie ahead.

On Thursday, September 3rd from 2:00 to 3:00 p.m. (ET), Senior Vice President Billy Leung, Economist Natalie Zhu, Ph.D., and Economic Analyst Brandon Stanaway will be hosting the REMI webinar, “Investing in Energy and the Environment Post-COVID,” that discusses potential methods for securing America’s future through investments in the energy sector and improving our way of life in several areas.

It is important in these trying times to stay ahead of the curve and take advantage of the opportunities embedded within this shifting global situation. Combining a willingness to expand with vigorous economic analysis can properly illustrate the new pathways and markets that may present themselves once our country has progressed past the current pandemic.

With manufacturers at a crossroads, legislators must identify ways to safely create new technology, generate new jobs through the energy sector, and transform how we view energy and the environment in this country.

This webinar presentation will highlight prospective innovations, such as carbon taxes, hybrid vehicles, alternative battery configurations, and infrastructure improvements, before examining the capacity for dynamic economic analysis to identify the costs and benefits of investments in energy technology.

Towards a New Normal: Transportation and Regional Economies Post-COVID

[Slides]Towards a New Normal: Transportation and Regional Economies Post-COVID – Billy Leung, Natalie Zhu, Ph.D., Brandon Stanaway, & Naveen Kammar, REMI

[Recording]Towards a New Normal: Transportation and Regional Economies Post-COVID – Billy Leung, Natalie Zhu, Ph.D., Brandon Stanaway, & Naveen Kammar, REMI

As working from home became the new standard for non-essential workers, consumer spending and commuting patterns shifted drastically. Regional transportation networks and local economies must now adapt to today’s economic realities, which include a greater proportion of the labor force working from home, a slow and volatile economic recovery, and a protracted public health crisis.

Understanding what these shifts mean for transportation networks and economies is essential in order to cope with the current challenges related to COVID-19, as well as the difficulties associated with the “new normal” that will be established post-pandemic.

On Wednesday, September 23rd from 2:00 to 3:00 p.m. (ET), Senior Vice President Billy Leung and Economic Analyst Brandon Stanaway will be presenting their REMI webinar, “Towards a New Normal: Transportation and Regional Economies Post-COVID.”

This presentation will examine the latest national-level macroeconomic forecasts of economic activity and employment, the most recent research into personal consumption and commuting patterns during the pandemic, and the policy changes that will affect transportation networks as they adapt their systems to the “new normal.”

Mr. Leung and Mr. Stanaway are also prepared to describe the short-, medium-, and long-term economic effects of normalizing work-from-home practices on local economies and transportation networks during this webinar on September 23rd.