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
Payroll employment in the District of Columbia declined by 1,300 jobs (0.2 percent) in June. The unemployment rate edged up to 5.4 percent.
Maryland
Maryland payroll employment increased by 5,600 jobs (0.2 percent) in June. The unemployment rate rose 0.1 percentage point from May to 2.8 percent.
North Carolina
Payroll employment in North Carolina increased 23,100 jobs (0.5 percent) in June. The unemployment rate remained constant at 3.6 percent.
South Carolina
Payroll employment in South Carolina increased 6,900 jobs (0.3 percent) in June. The unemployment rate increased to 3.6 percent.
Virginia
Payroll employment in Virginia increased by 15,000 jobs (0.4 percent) in June. The unemployment rate was unchanged at a rate of 2.7 percent.
West Virginia
West Virginia payroll employment decreased by 1,400 jobs (0.2 percent) in June. The unemployment rate declined by 0.1 percentage point over the month to 4.1 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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Joseph Mengedoth
(804) 762-2285