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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.

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Snapshot By State


District of Columbia


Employment in D.C. fell by 700 jobs (0.1 percent) in October. The unemployment rate rose 0.1 percentage point to 4.8 percent.


Maryland


Employment in Maryland decreased by 10,500 jobs (0.4 percent) in October. The unemployment rate moved up half a percentage point to 4.5 percent.


North Carolina


North Carolina employment increased by 8,300 jobs (0.2 percent) in October. But the unemployment rate rose 0.2 percentage point to 3.8 percent.


South Carolina


South Carolina gained 2,600 jobs (0.1 percent) in October. The unemployment rate edged up 0.1 percentage point to 3.3 percent.


Virginia


Employment in Virginia rose by 6,900 jobs (0.2 percent) in October. The unemployment rate inched up 0.1 percentage point to 2.7 percent.


West Virginia


West Virginia employment increased by 700 jobs (0.1 percent) in October. The unemployment rate remained at 4.0 percent.


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Updated weekly, this set of charts is used during policy discussions and meetings with our board of directors.

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Jacob Walker (804) 697-8128