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Regional Surveys of Business Activity

Each month, the Richmond Fed surveys businesses across its region to provide perspectives on current business activity and expected changes in business conditions. This timely, "on the ground" information ensures that Richmond Fed leaders and economists have reliable and current data to inform the nation's monetary policy to promote our economic goals of maximum employment, stable prices and moderate long-term interest rates.

Our Latest Monthly Surveys


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Manufacturers in our district share recent and expected changes in shipments, new orders, employment and other aspects of their business (monthly). Results are updated monthly.
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Non-Manufacturing firms in our district report on recent and expected changes in revenue, demand, employment and other aspects of their business (monthly). Results are updated monthly.
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Additional Insights


Every month, the Richmond Fed asks additional questions to survey participants about current economic and business topics.

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As a business leader, your voice matters. Learn more about participating in our monthly business surveys, and how your data can help inform monetary policy decisions.

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The Richmond Fed gathers data through carefully designed business surveys and applies rigorous methodology to ensure accurate, reliable and insightful results. 

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Survey results are usually released to the public at 10:00 a.m. on the fourth Tuesday of the month. While we expect to adhere to this schedule, some dates might vary due to holidays. State-level results are released on the following Thursday at 10:00 a.m.

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Find answers to common questions about our business surveys, including participation, data use, privacy, and how results are analyzed. 

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Your participation in our important monthly business survey ensures Federal Reserve leadership have accurate and timely economic data.




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