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 increased by 2,300 jobs (0.3 percent) in June. The unemployment rate edged down 0.1 percentage point to 6.0 percent.
Maryland
Payroll employment in Maryland increased by 900 jobs (0.0 percent) in June. The unemployment rate edged down 0.1 percentage point to 4.3 percent.
North Carolina
Payroll employment in North Carolina increased by 400 (0 percent) in June. The unemployment rate was 3.6 percent, declining slightly by 0.1 percentage point.
South Carolina
Payroll employment in South Carolina declined by 400 jobs (0.0 percent) during June. The unemployment rate is currently 4.4 percent, decreasing by 0.2 percentage points.
Virginia
Payroll employment in Virginia increased by 5,200 jobs (0.1 percent) in June. The unemployment rate declined by 0.1 percentage point to 3.7 percent.
West Virginia
Payroll employment in West Virginia declined by 9,100 jobs (1.2 percent) in June. The unemployment rate edged down 0.1 percentage point to 4.2 percent.
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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