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Social Distancing, but Mostly during the Workweek?
Gascon, Charles S.; Bokun, Kathryn (2020-05-26)
Analyzing a new index from the Dallas Fed shows that a key component of social distancing—staying at home—seems to be happening nationally during the week but not as much on the weekends.
On the Economy

More Households Face Food Scarcity during COVID-19
Chien, YiLi; Bennett, Julie (2020-06-18)
More U.S. households are reporting that they sometimes or often do not have enough food, according to a new Census survey.
On the Economy

Jobs Hardest Hit by the Pandemic
Dvorkin, Maximiliano (2020-10-12)
The COVID-19 pandemic has substantially affected labor markets. Which industries and occupations had the largest employment declines between February and April?
On the Economy

Working Paper
Economic Uncertainty before and during the COVID-19 Pandemic
Altig, David E.; Baker, Scott Brent; Barrero, Jose Maria; Bloom, Nick; Bunn, Philip; Chen, Scarlet; Davis, Steven J.; Meyer, Brent; Mihaylov, Emil; Mizen, Paul; Parker, Nicholas B.; Renault, Thomas; Smietanka, Pawel; Thwaites, Gregory (2020-07-10)
We consider several economic uncertainty indicators for the United States and the UK before and during the COVID-19 pandemic: implied stock market volatility, newspaper-based economic policy uncertainty, twitter chatter about economic uncertainty, subjective uncertainty about future business growth, and disagreement among professional forecasters about future gross domestic product growth. Three results emerge. First, all indicators show huge uncertainty jumps in reaction to the pandemic and its economic fallout. Indeed, most indicators reach their highest values on record. Second, peak ...
FRB Atlanta Working Paper , Paper 2020-9

Protectionism and Dependence on Imports of Essential Medical Equipment
Leibovici, Fernando; Peake, Makenzie; Santacreu, Ana Maria (2020-04-10)
The COVID-19 global pandemic has led to a surge in protectionism, which poses challenges to countries dependent on imports of essential medical equipment.
On the Economy

Discussion Paper
COVID-19, Workers, and Policy
Andreason, Stuart (2020-03-18)
As coronavirus 2019 (COVID-19) spreads around the world and across the United States, many policymakers and public health officials are encouraging employers to tell workers to work remotely or to stay home when they or their family members are sick. There are significant questions, though, about how many people can work from home. Many U.S. workers in retail, restaurants, manufacturing, and other occupations cannot do so. This Workforce Currents post will explore who can work from home and identify practices and policies to support workers who cannot work from home in the event of a pandemic ...
Workforce Currents , Paper 2020-02

Corporate Bond Spreads and the Pandemic IV: Liquidity Buffers
Ebsim, Mahdi; Kozlowski, Julian; Faria-e-Castro, Miguel (2020-06-12)
The cost of borrowing rose for most firms during the pandemic-related disruption of financial markets, but firms with greater liquidity have had smaller increases in credit spreads.
On the Economy

Journal Article
Coronavirus Dampens China’s First-Quarter GDP
Nie, Jun; Lyu, Yifei (2020-04-06)
The novel coronavirus spread in China long before other countries, making China a potential early signal of the virus’s economic effects. Using a range of statistical models, we estimate that the coronavirus outbreak may have reduced China’s real GDP by an annualized rate of 32 percent, leading year-over-year growth to decline from 6 percent in 2019:Q4 to −3.8 percent in 2020:Q1.
Economic Bulletin , Issue April 6, 2020 , Pages 5

Small Business Lending Gives a Boost to Banks
White, Carl (2020-09-30)
Small business loans are up 40% at community banks compared with a year ago, spurred on by the Paycheck Protection Program.
On the Economy

COVID-19 and the Importance of Testing
Vandenbroucke, Guillaume; Ravikumar, B. (2020-03-27)
Using only the number of confirmed COVID-19 cases does not help us understand the scope of the pandemic.
On the Economy

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