Federal Reserve Bank of Richmond

South Carolina Counties Investing in Workforce Development

Bank Shares New Success Metric for Community Colleges

Community College Leaders Applaud Richmond Fed Research

Manufacturing Activity Slowed in November

Region & Communities

Our work to support the nation’s economy includes a focus on the economic well-being of our District, which covers North and South Carolina, Maryland, Virginia, Washington, D.C., and most of West Virginia. Learn more about our research and engagement in our communities:

Small Town &
Rural Initiative

Understanding the economic challenges facing our smaller towns and sharing what works to address them.

Regional Data &
Analysis

Regional surveys, economic indicators and in-depth analysis of the communities in our District.

Community Development & Engagement

Working to identify economic opportunities in low- and moderate-income and underserved communities.

Latest Economic Research

Publications

Profits and Inflation in the Time of COVID

Economic Brief

November 2023, No. 23-38

Andreas Hornstein

Regional Economy

What Do Softened Business Expectations Mean for Hiring?

Regional Matters

November 28, 2023

Zach Edwards

Data & Analysis

Fifth District Surveys of Manufacturing and Service Sector Activity

November 28, 2023

Manufacturing activity in the Fifth District slowed in November while service sector activity was flat.

Month,Manufacturing Composite,Service Sector Revenues
2013-11-01,4.333333492,1.333333373
2013-12-01,8.333333015,3.333333254
2014-01-01,9.666666985,4
2014-02-01,5.333333492,5
2014-03-01,0,4.333333492
2014-04-01,0,7
2014-05-01,3.333333254,9
2014-06-01,6.333333492,9.333333015
2014-07-01,6,10.66666698
2014-08-01,7.333333492,12.66666698
2014-09-01,10.66666698,16.33333397
2014-10-01,16,19
2014-11-01,13.66666698,22
2014-12-01,10.33333302,19.66666603
2015-01-01,4.333333492,17
2015-02-01,2.333333254,15.33333302
2015-03-01,-.6666666865,16
2015-04-01,-4,14.33333302
2015-05-01,-2.333333254,11
2015-06-01,2,12.66666698
2015-07-01,6.666666508,17.66666603
2015-08-01,6.666666508,25
2015-09-01,3,21.33333397
2015-10-01,2,17.33333397
2015-11-01,1.333333373,8.666666985
2015-12-01,3.333333254,9.666666985
2016-01-01,3,9.666666985
2016-02-01,-.3333333433,7.666666508
2016-03-01,3.333333254,7.666666508
2016-04-01,4.666666508,6.333333492
2016-05-01,8.333333015,9
2016-06-01,.6666666865,5.666666508
2016-07-01,.3333333433,3
2016-08-01,-2,.3333333433
2016-09-01,-2,3
2016-10-01,-3.333333254,5
2016-11-01,-.6666666865,8.666666985
2016-12-01,4,8.333333015
2017-01-01,7.666666508,13
2017-02-01,11.66666698,15
2017-03-01,15.33333302,15
2017-04-01,17.33333397,14.66666698
2017-05-01,14,18.33333397
2017-06-01,12,21.66666603
2017-07-01,9.666666985,20
2017-08-01,12.66666698,18
2017-09-01,14.66666698,18.66666603
2017-10-01,15.66666698,22
2017-11-01,20,26
2017-12-01,21,27
2018-01-01,22,26.33333397
2018-02-01,20.33333397,22.66666603
2018-03-01,17.33333397,21
2018-04-01,12.33333302,15
2018-05-01,11,13.33333302
2018-06-01,14,13.33333302
2018-07-01,20.33333397,21
2018-08-01,21.66666603,24.66666603
2018-09-01,24,25
2018-10-01,22,15.66666698
2018-11-01,18,9.333333015
2018-12-01,8,6.666666508
2019-01-01,2.666666746,11
2019-02-01,4,12.66666698
2019-03-01,7.333333492,9.333333015
2019-04-01,10,12
2019-05-01,8,7.333333492
2019-06-01,6.666666508,12.33333302
2019-07-01,.6666666865,11
2019-08-01,-3,11.66666698
2019-09-01,-7,10.33333302
2019-10-01,-2.333333254,10.66666698
2019-11-01,-1,13.66666698
2019-12-01,.6666666865,17.33333397
2020-01-01,4.333333492,17.66666603
2020-02-01,3,17.33333397
2020-03-01,5,9.666666985
2020-04-01,-17.66666603,-25.33333397
2020-05-01,-26,-47.33333206
2020-06-01,-24.66666603,-56.33333206
2020-07-01,-4.666666508,-31
2020-08-01,10.66666698,-12
2020-09-01,16,0
2020-10-01,21.33333397,7.666666508
2020-11-01,20.66666603,12
2020-12-01,17.66666603,8
2021-01-01,14.66666698,4
2021-02-01,15.33333302,-3.333333254
2021-03-01,16.33333397,2.666666746
2021-04-01,17,9.333333015
2021-05-01,18.33333397,21
2021-06-01,21.66666603,23.66666603
2021-07-01,24,23.66666603
2021-08-01,21,21
2021-09-01,11.66666698,13.66666698
2021-10-01,8.333333015,10.66666698
2021-11-01,8.666666985,7.333333492
2021-12-01,13,12
2022-01-01,11,11
2022-02-01,8,10.66666698
2022-03-01,7,8.666666985
2022-04-01,7,8
2022-05-01,2.666666746,5
2022-06-01,-3.666666746,.3333333433
2022-07-01,-6.666666508,-5
2022-08-01,-5.333333492,-8
2022-09-01,-2.666666746,-6.666666508
2022-10-01,-5,-6
2022-11-01,-6,-4
2022-12-01,-6.666666508,-8
2023-01-01,-6,-7.333333492
2023-02-01,-8.333333015,-7.333333492
2023-03-01,-9.666666985,-9
2023-04-01,-11.33333302,-14
2023-05-01,-10,-16.33333397
2023-06-01,-10,-13.33333302
2023-07-01,-9,-7
2023-08-01,-8,-2
2023-09-01,-3.666666746,2
2023-10-01,.3333333433,-1
2023-11-01,1,-2

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