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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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We help ensure our financial system is operating safely and effectively, and we help support secure and efficient methods to transfer your funds through our financial system.
Economic Research
We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

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Economic Research

Featured

Image of houses in a neighborhood.

Publication

New Issue of Econ Focus

First Quarter 2023

The latest issue of the Richmond Fed's economics magazine explores the history of the home mortgage, public transit after the pandemic, the Treasury bond market, and other issues impacting regional and national economic conditions.

The Federal Reserve Bank of Richmond Econ Focus

Econ Focus

Econ Focus is the economics magazine of the Richmond Fed. This publication covers economic issues affecting the Fifth Federal Reserve District and the nation.

Economic Brief masthead

Economic Brief

Based on staff economists’ research, this non-technical series of articles covers current economic issues and trends every month.

Working Papers

Papers written by Richmond Fed economists representing work prepared for later publication or presentation to professional meetings.

Regional Matters

Regional Matters

Regional Matters examines local, regional and national data that matter to the Fifth District economy and our communities.

Macro Minute

Macro Minute

Our Macro Minute blog explores the numbers behind the headlines on the national economy.

Speaking of the Economy

Speaking of the Economy

Learn about the issues that the Richmond Fed is exploring in this podcast. Hear from economists and other experts from our Bank and beyond.

Marvin Goodfriend: Economist and Central Banker

Publication

Marvin Goodfriend

Honoring Marvin Goodfriend

Essays related to Marvin and his work:

Marvin's research and policy papers:

Marvin Goodfriend's legacy:

Podcast with Bob King and Alex Wolman

Podcast

Marvin Goodfriend

The Legacy of Marvin Goodfriend

Alex Wolman and Robert King reflect on the life and legacy of Marvin Goodfriend. Throughout his career, Goodfriend wrote a number of influential papers on monetary policy and played a key role in the development of the Richmond Fed's Research Department.

Marvin Goodfriend

Marvin Goodfriend Author Page

Explore a collection of Goodfriend's research here. Goodfriend (1950-2019) was a senior vice president and policy advisor in the Research Department from 1993-2005 and director of research from 1993-1999.

Conference Publications

Data & Analysis

The CFO Survey

Duke University and the Federal Reserve Banks of Richmond and Atlanta conduct this quarterly survey to gather insights from financial decision makers on their outlook.

Fifth District Survey of Manufacturing Activity

This monthly survey is sent to contacts whose firm type, firm size and location collectively match the profile of overall manufacturing in the Fifth District.

Fifth District Survey of Service Sector Activity

This monthly survey is sent to retail, wholesale, and services firms that are selected for participation according to their type of business, location, and firm size.

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Read in Print or Online

Order past issues of Econ Focus magazine or subscribe to the print edition. You can also sign up to receive email alerts when new issues of Econ Focus and other Research publications are posted online.