Regional Matters

The Richmond Fed business survey asked firms about their pricing strategies and found that firms have adjusted prices more frequently and adopted new pricing strategies to manage unpredictable input costs.

How do states determine high-demand jobs? Fifth District states and jurisdictions have different approaches, but health care and information technology have emerged as priority industries.

Both demand and the labor market remained solid this past cycle, while businesses noted that cost pressures felt more widespread, squeezing businesses with limited pricing power.

This post explores how state and local economies in the Fifth District might be impacted by elevated fuel costs.

Registered Apprenticeship is becoming more common in rural communities — accounting for nearly one-fifth of apprentices nationwide. The participation of youth aged 16 to 24 has been an important part of that growth.

Learn how AI is being used among firms in the Fifth District, and the role firms believe AI will play in the future.

Businesses reported durable demand from consumers and are keeping headcounts flat through the end of 2026. Pricing pressures continued, but with some pullback from low- and middle-income customers.

In the Fifth District, consumer gas prices have varied among states and jurisdictions. Learn what drives higher gas prices and how they impact consumers differently.

Learn how Clifton Forge, Virginia, in the rural Alleghany Highlands region has faced economic decline and navigated rural revitalization through public, private, and philanthropic partnerships.

Employment projections give us a forward-looking perspective into where demand for workers is expanding and contracting in fields across the economy, offering valuable insight to employers and employees alike.