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About Us
We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Economic Research
We strive to be a recognized leader in economic and policy analysis and a trusted source of data and analysis of the Fifth District economy.

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We help ensure our financial system is operating safely and effectively, and we help support secure and efficient methods to transfer your funds through our financial system.
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We work with teachers, students and the public to enhance understanding of economics, personal finance and the Federal Reserve.

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We work with community partners to identify and address economic challenges and opportunities in low- and moderate-income communities in the Fifth District.
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Economic Research

Regional Economy

Regional Surveys of Business Activity

May 24, 2018 | Survey

Carolinas Survey of Business Activity

Firms in the Carolinas Saw Continued Growth in May

May 24, 2018 | Survey

Maryland Survey of Business Activity

Maryland Firms Reported Softening Business Conditions in May

Reports

June 1, 2018 | Report

Snapshot, June 2018

Economic conditions in the Fifth District generally improved in recent months. Payroll employment rose marginally and the unemployment rate edged down. District-wide business conditions strengthened; however, housing market indicators were mixed.

Regional Matters

May 31, 2018 | Publication

The Adoption of Digital Technology: Survey of Fifth District Firms

In April, we surveyed firms about their adoption of technology and how it might translate into prices and employment in the next few years. Most firms reported adopting new technology, although many did not anticipate the technology to notably impact their pricing or employment decisions.

May 9, 2018 | Publication

Industry Diversity in Cities

Charlotte, N.C., has the most diverse industrial mix of any Fifth District city, while Bennettsville, S.C., is the least diverse. This post explores the forces that lead to industry diversity in cities.

National Economy