Annual Report 2022


Federal Reserve Bank of St. Louis

The Shifting Tides of Global Trade

Annual Report 2022


Federal Reserve Bank of St. Louis

The Shifting Tides of Global Trade

Our People, Our Work

1,476

St. Louis Fed employees

The mission of the Federal Reserve Bank of St. Louis is to promote a healthy economy and financial stability. The Bank’s staff members—at our head office in St. Louis and our branches in Little Rock, Ark.; Louisville, Ky.; and Memphis, Tenn.—serve the public’s interest in many ways.

As seen in this numerical snapshot of 2022, the Bank remained committed to serving the public by providing thought leadership on timely economic issues, fostering a sound financial system, engaging in outreach across our communities, and prioritizing diversity, equity and inclusion in our organization’s mission and business practices.

All numbers are as of Dec. 31, 2022, unless otherwise noted.


Providing Thought Leadership through Scholarly Economic Research

Top 2%

ranking for St. Louis Fed President James Bullard on RePEc in several categories, including the h-indexRePEc is Research Papers in Economics. The h-index, or Hirsch index, is a compound measure of publications and citations used to highlight research productivity.

Top 1%

among all research institutions worldwide

Top 3%

among all U.S. research institutions

Top 8%

in research productivity among all central bank research departments worldwide

4.3M

economic research items available to search and download for free via IDEASIDEAS is the world’s largest bibliographic database dedicated to economics. This service, provided by RePEc, is hosted by the St. Louis Fed’s Research Division.

73M

page views of the St. Louis Fed’s research site by people in 193 countries

819K+

data series in FRED®, the St. Louis Fed’s free economic database

603K+

items in FRASER®, the St. Louis Fed’s historical digital library



Fostering Financial Stability and Soundness

120

state member banks and 417 bank, financial, and savings and loan holding companies supervised by the St. Louis Fed

976M

currency notes inspected, and 840 million notes deemed fit for circulation

136M

notes removed from circulation and shredded, which equals 150 tons composted

1,924

suspected counterfeit notes withdrawn from circulation

$60M

in improper and stopped payments identified by the Bank in its role as fiscal agent to the U.S. Department of the Treasury and its Do Not Pay program

18,660

hours spent by internal auditors reviewing St. Louis Fed operationsHours spent do not include time spent on training, administrative work and special projects.

Empowering Communities through Education and Outreach

51,195

bankers, regulators and other industry participants engaged in information sessions about financial and regulatory developments

3,690

people registered for 36 events led by the Bank’s Community Development department to promote economic resilience, mobility and equity

11,388

attendees at presentations requested through the St. Louis Fed’s public speakers bureau

3,480

attendees at St. Louis Fed public dialogue and outreach events

305K+

students reached through educators participating in St. Louis Fed economic education programs

836K+

active engagements in the Bank’s Econ Lowdown economic education curriculum

18

high schoolers on the St. Louis Fed’s student board of directors, now in its 11th year

52

college and 10 high school interns, with eight college interns offered full-time employment

Sharing Timely Information about the Economy and the Fed

6M

page views on stlouisfed.org, the Bank’s main website

1.7M

page views of the On the Economy and Open Vault blogs

779,301

page views for the FRED® Blog, which provides analysis on key data found in FRED

616,416

page views for Regional Economist, a publication that provides insights on economic issues in today’s headlines

227,712

subscribers to the Bank’s various publications, blogs and newsletters

231,186

followers of the Bank’s social media accountsThese platforms include Twitter, Facebook, LinkedIn, Instagram, YouTube and Pinterest.

Embracing Diversity, Equity and Inclusion

84%

of inner-city, majority-minority and all-girls high schools across the Eighth District reached through our economic education resources

50%

of the Bank’s workforce engaged in employee-led resource groups (ERGs), which are focused on African Americans, Asians, Latino/Hispanic Americans, women, people with disabilities, military veterans, the LGBTQ+ community and—new in 2022—young professionals

Doing Good for the Sake of Good

78,000

pounds of waste recycled and 64,393 pounds composted, reflecting the Bank’s ongoing commitment to sustainability

$230,972

in employee donations made to the United Way of Greater St. Louis

Endnotes

  1. RePEc is Research Papers in Economics. The h-index, or Hirsch index, is a compound measure of publications and citations used to highlight research productivity.
  2. IDEAS is the world’s largest bibliographic database dedicated to economics. This service, provided by RePEc, is hosted by the St. Louis Fed’s Research Division.
  3. Hours spent do not include time spent on training, administrative work and special projects.
  4. These platforms include Twitter, Facebook, LinkedIn, Instagram, YouTube and Pinterest.
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