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About Us
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 work to support a safe and sound financial system and foster an efficient and accessible payments 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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We share research, data and resources and regularly engage regional leaders and policymakers to understand and address community‑specific economic issues.
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We work with teachers, students and the public to enhance understanding of economics, personal finance and the Federal Reserve.

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Economic Brief

Based on staff economists' ongoing research, this non-technical publication covers current economic issues and trends every month.

December 2017, No. 17-12

Transitioning from High School to College: Differences across Virginia

Emily E. Cook, Jessie Romero and Sarah Turner

November 2017, No. 17-11

Can We Tax Social Security Benefits More Efficiently?

Helen Fessenden and John Bailey Jones

October 2017, No. 17-10

Should We Worry about Trade Imbalances?

Thomas A. Lubik and Tim Sablik

September 2017, No. 17-09

Are the Effects of Fiscal Policy Asymmetric?

Regis Barnichon, Christian Matthes and David A. Price

August 2017, No. 17-08

Understanding the Surge in Commercial Real Estate Lending

Helen Fessenden and Catherine Muething

July 2017, No. 17-07

Responding to Urban Decline

Santiago Pinto and Tim Sablik

June 2017, No. 17-06

Does the Fed Have a Financial Stability Mandate?

Renee Haltom and John A. Weinberg

May 2017, No. 17-05

Medical Spending in Old Age

John Bailey Jones and Jessie Romero

April 2017, No. 17-04

What Two Billion Retail Transactions Reveal about Consumers’ Choice of Payments

David A. Price, Zhu Wang and Alexander L. Wolman

March 2017, No. 17-03

Are the Effects of Monetary Policy Asymmetric?

Regis Barnichon, Christian Matthes and Tim Sablik

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