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We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Success Measures Matter: How States Are Tying Funding to Student Outcomes

FOMC Leaves Rate Steady

Manufacturing Activity Remained Soft in January

Fifth District Service Sector Demand Remained Upbeat in January

Laura Ullrich

"There are people aiming to get an associate degree, but there are many who start community college with the intent to transfer and are not counted as successes. We're excited to broaden the definition of success."

Laura Ullrich

Director of the Community College Initiative, Federal Reserve Bank of Richmond

- Speaking of the Economy: Tracing the Educational Pathways of Community College Students

Listen to the full episode >

By the Numbers

72%

of Fifth District businesses surveyed reported they were somewhat or very optimistic about expectations for their businesses in 2025 — a 22-percentage-point increase over 2024.

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