Discussion Paper
Electricity Demand as a High-Frequency Economic Indicator: A Case Study of the COVID-19 Pandemic and Hurricane Harvey
Abstract: Electricity is used by all businesses in the United States. During quickly moving economic shocks—for example, a pandemic or natural disaster—changes in electricity consumption can provide insight to policymakers before traditional survey-based metrics, which can lag weeks or months behind economic conditions and typically only show a snapshot of when the survey was conducted.
https://doi.org/10.17016/2380-7172.2781
Access Documents
File(s): File format is text/html https://www.federalreserve.gov//econres/notes/feds-notes/electricity-demand-as-a-high-frequency-economic-indicator-20201021.htm
Authors
Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2020-10-21
Number: 2020-10-21-2