Each month we ask our region’s business leaders about recent changes in economic conditions and their expectations for the next six months.
Regional Economic Snapshot
Regional Economic Snapshot
This update on the Fifth District economy includes timely analysis of labor market, housing, and other conditions at the state and metro area level.
Snapshot By State
District of Columbia
Payroll employment in the District of Columbia fell by 600 jobs (0.1 percent) in November. The unemployment rate rose from 6.2 percent in September to 6.5 percent in November.
Maryland
Payroll employment in Maryland increased by 3,000 jobs (0.1 percent) in November. The unemployment rate ticked up 0.4 percentage point to 4.2 percent between September and November.
North Carolina
Payroll employment in North Carolina increased by 3,300 jobs (0.1 percent) in November. The unemployment rate ticked up slightly by 0.1 percentage point to 3.8 percent between September and November.
South Carolina
Payroll employment in South Carolina increased by 1,200 jobs (0.0 percent) in November. The unemployment rate is currently 4.6 percent, inching up slightly by 0.2 percentage point between September and November.
Virginia
Payroll employment in Virginia increased by 8,600 jobs (0.2 percent) in November. The unemployment rate was unchanged at 3.5 percent between September and November.
West Virginia
Payroll employment in West Virginia declined by 700 jobs (0.1 percent) in November. The unemployment rate edged up 0.4 percentage point to 4.4 percent between September and November.
Related Content
These posts examine local, regional and national data that matter to the Fifth District economy and our communities.
Updated weekly, this set of charts is used during policy discussions and meetings with our board of directors.
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