Each month, we ask Fifth District business owners about recent changes in economic conditions and their expectations.
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
Employment in D.C. was flat in October. The unemployment rate remained at 5.0 percent.
Maryland
Employment in Maryland decreased by 11,100 jobs (0.4 percent) in October. The unemployment rate rose 0.1 percentage point to 1.7 percent.
North Carolina
North Carolina employment decreased by 7,700 jobs (0.2 percent) in October. The unemployment rate remained at 3.4 percent.
South Carolina
South Carolina gained 6,100 jobs (0.3 percent) in October. The unemployment rate remained at 2.9 percent.
Virginia
Employment in Virginia was unchanged in October. The unemployment rate rose 0.2 percentage point to 2.7 percent.
West Virginia
West Virginia employment decreased by 300 jobs (0.0 percent) in October. The unemployment rate rose 0.2 percentage point to 4.0 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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Contact Us
Jacob Walker
(804) 697-8128