Regional Matters
We are learning from businesses that there are several factors that can delay both the incurring of tariffs and the impact of incurred tariffs on pricing decisions.
This post provides an early look into some of our findings from the 2025 CDFI Survey before we release a full key findings report on Sept. 15.
The DMV region comprises a large share of federal employees who have experienced both employment declines and elevated unemployment claims. Employment changes are occurring in the private sector as well.
Survey data indicates that many Fifth District firms expect to keep employment levels relatively stable, with uncertainty around economic conditions and consumer behavior remaining an important consideration.
Many Fifth District communities rely on government transfer payments for a sizable share of personal income, but the amount varies, particularly between rural and urban areas.
The Community Investment Training helps rural leaders jump-start development projects, and based on the 2024 and 2025 cohorts, the Richmond Fed's community development team shares some lessons learned.
According to our May business surveys, most firms are responding to tariffs in a variety of ways, including planning and implementing price increases, delaying capital expenditures, and changing hiring plans.
Although the U.S. has been graying, populations in many rural counties have actually grown younger over the last several years. What could this mean for rural economies?
Examining the history of Community Development Credit Unions shows the evolving role they played in helping to expand banking access to underserved individuals.
Survey data suggests firms are monitoring inflation and expect it to rise in the next year, many citing trade policy as a driving force behind the increase.