Region Focus

Cover Story

cell phone

Beyond the Turmoil

After a period of rapid and uneven growth, the telecommunications industry in the Fifth District is in the midst of a painful reorganization as service providers rethink how to meet customer demand.
Sidebar: What About the Little Guys?
Sidebar: Scarce Competition in Short Haul
Sidebar: Different Views of the Telecom Market
Sidebar: Regulatory Challenges in Telecom
Chart: Telecom Employment Before the Bust
Related Links


Going the Extra Mile

Broadband internet comes to rural areas in the Fifth District.
Chart: New Economy Index - How Does the District Rate?
Related Links

Carolina Vinifera

North Carolina is joining Virginia in cultivating a regional niche in winemaking.
Sidebar: New North Carolina's 23 Wineries
Sidebar: The Winding Road of Wine Distribution
Chart: Growth of Fifth District Wineries
Related Links

The Agriculture Bill's Bountiful Harvest

Legislation boosts payments to Fifth District farmers.
Sidebar: A Guide to the Tobacco Program
Sidebar: Fifth District Production of Selected Program Crops, 2001
Sidebar: A Free Market for New Zealand Farmers
Chart: On the Rise
Related Links

To Join or Not to Join?

The economic effects of "right-to-work" laws.
Chart: Manufacturing Employment, 1970 - 2001
Chart: Right-to-Work States
Related Links



Conquering the Divide

Federal Reserve

The Check Business
Sidebar: What "Check Truncation" Would Mean for Banks and Consumers
Chart: Total Checks Processed in U.S.
Related Links

Jargon Alert

Moral Hazard

Short Takes

Sidebar: Virginia's Most Endangered Historic Places, 2002


Robert Litan
Related Links

Economic History

Wheels of Change
Sidebar: When Car Manufacturing was a Small Business
Sidebar: Southern Workers Head North
Chart: Prices and Sales of Model T Fords, 1908-1916
Chart: Percent of Farms Reporting Automobiles, Trucks, and Tractors, 1920-1940
Chart: Rural Roads, 1914-1930
Related Links

A Progress Report on Welfare Reform

Fifth District Caseloads Remain Relatively Stable, Despite Economic Slowdown
Chart: Welfare Caseloads, Jan. 1996 - Jan. 2001

Legislative Update

Fast Track to Freer Trade?

District/State Economic Conditions


In Praise of Imports

Contact Us

Aaron Steelman
Publications Director

Order Publications

Order single copies of or subscribe to Econ Focus (formerly Region Focus) and other publications from the Federal Reserve System.