Each month, the Richmond Fed surveys businesses across its region to provide perspectives on current business activity and expected changes in business conditions.
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 decreased by 1,200 jobs (0.2 percent) in August. The unemployment rate declined by 0.2 percentage point to 5.7 percent.
Maryland
Payroll employment in Maryland decreased by 8,200 jobs (0.3 percent) in August. The unemployment rate edged down 0.1 percentage point to 4.1 percent.
North Carolina
Payroll employment in North Carolina increased by 10,000 jobs (0.1 percent) in August. The unemployment rate declined by 0.1 percentage point to 3.5 percent.
South Carolina
Payroll employment in South Carolina increased by 10,800 jobs (0.4 percent) in August. The unemployment rate decreased by 0.1 percentage point to 4.1 percent.
Virginia
Payroll employment in Virginia increased by 5,600 jobs (0.1 percent) in August. The unemployment rate declined by 0.1 percentage point to 3.6 percent.
West Virginia
Payroll employment in West Virginia decreased by 1,200 jobs (0.2 percent) in August. The unemployment rate ticked down 0.1 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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