Federal Reserve Bank of St. Louis

The St. Louis Fed is constantly listening to those we serve across the Eighth District while we work toward a strong and resilient economy for all. Here, Darrin Williams, CEO of Southern Bancorp, talks about advocating for underserved communities in Arkansas and the Mississippi Delta through his role on the St. Louis Fed’s Little Rock Branch board of directors: https://ow.ly/aZgq50UzuCY #stlouisfed #EighthDistrict #Banking #MississippiDelta #LittleRock #Arkansas #LMI #YourFedYourVoice

From all of us at the St. Louis Fed — thank you for sharing your perspectives and experiences this year. As we close 2024 and embrace a new year, we look forward to serving the Eighth Federal Reserve District and the nation, committed to a strong and resilient economy for all. #HappyNewYear #2025 #FederalReserve

Considering studying economics or know someone that is? Registration is open to attend the Women in Economics Symposium in March. Join us in person at the St. Louis Fed, in person at our Louisville, Ky., Branch, or virtually to hear from inspiring women in the field and learn what a degree in economics can do for you! Register today: https://ow.ly/k2Mu50Uy8w2 #Economics #WomenLeaders #TeachEcon

Because certain tasks are easier than others to perform remotely, the ability of U.S. industries to accommodate work from home can vary. St. Louis Fed economist Alexander Bick and his co-authors examine which U.S. industries have the highest capacity for remote work and which have utilized that potential to the greatest degree at three points in time: before the COVID-19 pandemic, during its height and in 2024. Read the analysis: https://ow.ly/lF5f50UwhzM #WFH #Economy

❔ What economics topic were you most interested in this year? If you picked “a different topic,” let us know what it is in the comments. You can find out which of our blog posts on #economics topics were among the most popular in 2024 at the link: https://ow.ly/plJr50UwAk1

The Federal Reserve Bank of St. Louis announced that Jennifer Haynes, currently vice president and deputy general counsel, has been selected and will be promoted to senior vice president, general counsel and corporate secretary on Jan. 1, 2025. Congratulations, Jennifer! https://ow.ly/hVeO50Uw3LE

Here’s a roundup🔍 of the latest economic research and data from the St. Louis Fed: ➡️“Regional Trends in Inflation and Nominal Wages” — Inflation is often cited as a national number, but it can vary across the nation. Economist Maximiliano Dvorkin and co-author Cassie M. examine whether wage growth has kept up with inflation in the largest U.S. cities: https://ow.ly/cYg850Uki1u ➡️“Real-Time Insights into Consumption Growth Inequality since the Onset of COVID-19” — How has consumer spending varied among different households? Economist Juan M. Sanchez and co-author Masataka Mori group U.S. households by spending level and track their inflation-adjusted consumption since 2020: https://ow.ly/nJtk50UlcFp ➡️“Unemployment Flows and Labor Dynamics” — What employment data changes have been observed before the start of past recessions? See research and discussion from Diego Mendez-Carbajo in the FRED Blog: https://ow.ly/7bb250Uk7wV ➡️“Who Applies to and Enrolls at Selective Colleges?” — Why are high-ability, lower-income students less likely to attend a highly selective college than wealthier peers with similar ability? Economist Ricardo Marto uses SAT data and parental income to examine who is applying to, and enrolling at, top-tier U.S. schools: https://ow.ly/Es8r50UuBvU View more research at stlouisfed.org.

Happy holidays from the St. Louis Fed!

As the year comes to close, we want to introduce the key team members who made Economy Museum magic happen in 2024. Meet Abby and Liz! Abby Anderson, our museum director: • Time at the Economy Museum: Almost two years! But I have 10 years working in the Federal Reserve System. • Favorite Exhibit: The Art of Currency wall is my personal favorite, as it showcases how currency design can help protect money from counterfeiting, but also can be a celebration of the history, culture, people, and even animals, of a country. I personally love checking out the bull shark on the Costa Rican 2000-colón bill. • Favorite Moment of 2024: On a particularly rainy spring day, my colleague Liz and I got to pose with our Economy Museum ponchos on the St. Louis Fed plaza. I kept laughing because people walking by were quite confused as to what we were doing that day. Liz Senzee, our museum educator: • Time at the Economy Museum: One year! • Favorite Exhibit: The Historic Teller Room. I love the details from 1925 and the images that showcase how the St. Louis Fed is filled with people who serve the public. • Favorite Moment of 2024: I loved doing outreach with Explore St. Louis at Busch Stadium. We got to meet folks from all over and share information about our museum. We even saw some fans at the museum later that week!

One of our keynote speakers from this year’s St. Louis Fed Professors Conference, Annamaria Lusardi, recently joined us on the Teach Economics podcast series. Listen to the episode to learn about her career journey and passion for personal finance education: https://ow.ly/sJrY50UsX7K #TeachEcon #Economics #Podcast