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. grew by 1,600 jobs (0.2 percent) in August. The unemployment rate remained at 5.0 percent.
Maryland
Employment in Maryland increased by 12,400 jobs (0.5 percent) in August. The unemployment rate fell 0.1 percentage point to 1.7 percent.
North Carolina
North Carolina employment increased by 17,500 jobs (0.4 percent) in August. The unemployment rate remained at 3.3 percent.
South Carolina
South Carolina lost 3,700 jobs (0.2 percent) in August. The unemployment rate fell 0.1 percentage point to 3.0 percent.
Virginia
Employment in Virginia rose by 6,700 jobs (0.2 percent) in August. The unemployment rate remained at 2.5 percent.
West Virginia
West Virginia employment increased by 1,000 jobs (0.1 percent) in August. The unemployment rate rose 0.2 percentage point to 3.6 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