Journal Article
U.S. States Hit the Hardest by COVID-19 Have Lower Unemployment Risks
Werner, Devin; Hong, Sungki (2020-04-03)
States with relatively more COVID-19 cases tend to have a workforce less likely to face unemployment.
Economic Synopses , Issue 12

What Are Financial Market Stress Indexes Showing?
Kliesen, Kevin L.; McCracken, Michael W.; Trần, Ngân; Werner, Devin (2022-05-24)
The St. Louis Fed’s financial stress index is diverging from others. The reason appears to be the result of a switch to a new interest rate used to help calculate the index.
On the Economy

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

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

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
Inflation, Part 2: How Do We Construct and Choose an Index?
Garriga, Carlos; Werner, Devin (2022-06-22)
Both the CPI and the PCE price indexes measure the prices of consumer goods and services— but they differ in important ways.
Economic Synopses , Issue 16 , Pages 1-3

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

Journal Article
Trends in Startups’ Share of Jobs in the U.S. and Eighth District
Werner, Devin; Hong, Sungki (2020-03-18)
Startups have been representing a smaller share of all jobs within the U.S. and Eighth District in recent years.
The Regional Economist , Volume 28 , Issue 1

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

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