Journal Article
Leisure and Hospitality Sector’s Recovery Complicated by Delta Variant
Gascon, Charles S.; Jefferson, Nathan; Werner, Devin (2021-10-04)
Shutdowns early in the pandemic primarily affected the Eighth Federal Reserve District’s leisure and hospitality sector, but its recovery could be complicated by the delta variant.
The Regional Economist

COVID-19 and Unemployment Risk: State and MSA Differences
Werner, Devin; Gascon, Charles S. (2020-04-03)
Which states and MSAs have large shares of workers at high risk of unemployment?
On the Economy

What Are the Fed’s Dollar Swap Lines and FIMA Repos, and Why Do They Matter?
Werner, Devin; Hong, Sungki (2020-10-08)
Making it easier for central banks to access U.S. dollars helps calm exchange rate volatility and allow markets and credit lines to operate smoothly.
On the Economy

Journal Article
Pandemic, Rising Costs Challenge Child Care Industry
Gascon, Charles S.; Werner, Devin (2022-01-13)
As the economy recovers and more parents return to work, declining child care capacity, combined with higher wages, could continue to push up costs.
The Regional Economist

Firms Start with Fewer Employees over Last 25 Years
Werner, Devin; Hong, Sungki (2020-09-08)
The average new firm that is less than a year old had 20% fewer workers in 2019 than it did in 1994.
On the Economy

Startups Account for Smaller Share of U.S. Jobs
Werner, Devin; Hong, Sungki (2020-06-23)
Since 1994, startup firms have seen their share of U.S. employment shrink.
On the Economy

Did the Fed’s Dollar Swap Lines Work?
Werner, Devin; Hong, Sungki (2020-11-24)
In March, the Federal Reserve took steps to increase the supply of dollars to foreign markets to ensure liquidity and lessen volatility. Did the policies work?
On the Economy

Journal Article
Does the Beige Book Reflect U.S. Employment and Inflation Trends?
Gascon, Charles S.; Werner, Devin (2022-06-03)
Simple, automated text analysis can extract useful metrics from the Beige Book.
Economic Synopses , Issue 13 , Pages 1-3

Journal Article
Demographics, COVID-19 Leave Construction with Tight Labor Supply
Jefferson, Nathan; Werner, Devin; Harding, Elisabeth (2022-04-20)
Although pandemic-induced material shortages may improve, the construction industry’s labor supply challenge is the result of longer-term demographic issues.
The Regional Economist

Journal Article
Inflation, Part 1: What Is it, Exactly?
Werner, Devin; Garriga, Carlos (2022-06-21)
Inflation measures the rate of change of a price index over time.
Economic Synopses , Issue 15 , Pages 1-3