The next new normal

The lasting impacts of the pandemic will bring on a new normal for many industries as we continue to pivot our way out of the greatest disruption observed in modern times.

Buy Bossier: It’s important to keep it local, now more than ever

The original campaign is meant to deter retail leakage due to the more increasingly popular trend of purchasing goods and services online through companies outside of the area. With the negative effects of the current pandemic still lingering and restrictions still in place, it is more important than ever to support local businesses. Many business owners had to quickly pivot operations and work harder to support locals during the phased shut downs and have suffered through unforeseen circumstances.

Economic Insight from the Dallas Federal Reserve

The GBEDF is thankful to its partners and for the opportunity to host the Dallas Federal Reserve in the region. It is important that northwest Louisiana is both represented and engaged in open dialogue of monetary policy discussion. Our region is home to critical industries which help to sustain not only the local economy but also contributes to the wider health of the U.S. economy.  Opportunities such as these allow us to better understand and discover new ways in which our local industries can contribute on the global scale.

COVID effects on consumer confidence, behavior and what’s in store

According to a consumer sentiment survey conducted by McKinsey and Company, 68 percent of Americans are not engaging in out of home activity and are waiting to see what is in store for public safety as restrictions are lifted. This sentiment could last more than six months as more Americans are getting comfortable with what some experts are calling “homebody economics”. This is leading to more home-based purchases such as home office furniture and home exercise equipment.