Research - Federal Reserve Bank of Richmond

Search
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.

Learn more about our bank >
Economic Research
We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

Learn more about Economic Research >
Banking & Supervision
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.
Education
We work with teachers, students and the public to enhance understanding of economics, personal finance and the Federal Reserve.

Learn more about resources, museum visits & educational programs >
- Resources & Programs
- Field Trips & Classroom Visits
- Events
- People
Community Development
We work with community partners to identify and address economic challenges and opportunities in low- and moderate-income communities in the Fifth District.

Featured

Article

COVID-19 and Households on the Economic Edge

Special Reports

April 13, 2020

By Kartik B. Athreya, Ryan Mather, José Mustre-del-Río and Juan M. Sanchez

Article

Observing Recent Trends in Hours Worked by Hourly Employees

Regional Matters

July 1, 2020

By Jacob Crouse

Publications

Efficient VAR Discretization

Working Paper Series

June 2020, No. 20-06

Grey Gordon

Plants in Space

Working Paper Series

May 2020, No. 20-05

Ezra Oberfield, Esteban Rossi-Hansberg, Pierre-Daniel G. Sarte and Nicholas Trachter

Social Distancing, Quarantine, Contact Tracing, and Testing: Implications of an Augmented SEIR Model*

Working Paper Series

May 2020, No. 20-04

Andreas Hornstein

Data & Analysis

Fifth District Unemployment Rates

July 2, 2020

For more information on the regional economy, see our latest report on the Fifth District and our economic indicator charts.

Month,United States,Fifth District,District of Columbia,Maryland,North Carolina,South Carolina,Virginia,West Virginia
2010-05-01,9.6, 9.1,9.3,7.7,11,11.2,7.2,8.5
2010-06-01,9.4, 9.0,9.3,7.6,10.7,11,7.1,8.5
2010-07-01,9.4, 8.9,9.2,7.6,10.6,10.9,7,8.5
2010-08-01,9.5, 8.9,9.2,7.6,10.5,10.8,7,8.6
2010-09-01,9.5, 8.8,9.3,7.6,10.4,10.9,7,8.7
2010-10-01,9.4, 8.8,9.3,7.6,10.4,10.9,6.9,8.8
2010-11-01,9.8, 8.8,9.4,7.5,10.4,10.8,6.9,8.8
2010-12-01,9.3, 8.8,9.5,7.5,10.4,10.8,6.8,8.8
2011-01-01,9.1, 8.7,9.6,7.4,10.4,10.7,6.7,8.7
2011-02-01,9, 8.6,9.8,7.3,10.3,10.7,6.6,8.5
2011-03-01,9, 8.6,10.1,7.3,10.3,10.6,6.5,8.3
2011-04-01,9.1, 8.6,10.3,7.3,10.3,10.6,6.5,8.2
2011-05-01,9, 8.6,10.4,7.3,10.3,10.6,6.6,8.1
2011-06-01,9.1, 8.7,10.5,7.3,10.4,10.7,6.6,8
2011-07-01,9, 8.7,10.5,7.3,10.5,10.7,6.7,8
2011-08-01,9, 8.7,10.4,7.3,10.4,10.7,6.7,8
2011-09-01,9, 8.6,10.3,7.2,10.3,10.6,6.7,7.9
2011-10-01,8.8, 8.5,10.1,7.2,10.2,10.4,6.6,7.8
2011-11-01,8.6, 8.4,10,7.1,10,10.2,6.5,7.7
2011-12-01,8.5, 8.2,9.9,7,9.8,10,6.4,7.5
2012-01-01,8.3, 8.1,9.8,7,9.6,9.8,6.3,7.4
2012-02-01,8.3, 8.0,9.6,7,9.5,9.7,6.2,7.3
2012-03-01,8.2, 7.9,9.4,7,9.4,9.6,6.2,7.3
2012-04-01,8.2, 7.9,9.3,7,9.4,9.5,6.2,7.4
2012-05-01,8.2, 7.9,9.1,7,9.4,9.5,6.2,7.5
2012-06-01,8.2, 7.9,8.9,7,9.3,9.4,6.1,7.6
2012-07-01,8.2, 7.8,8.8,7,9.3,9.2,6.1,7.6
2012-08-01,8.1, 7.8,8.8,7,9.2,9,6,7.7
2012-09-01,7.8, 7.7,8.7,6.9,9.2,8.9,5.9,7.6
2012-10-01,7.8, 7.6,8.7,6.9,9.1,8.7,5.9,7.6
2012-11-01,7.7, 7.6,8.7,6.9,9.1,8.6,5.8,7.5
2012-12-01,7.9, 7.5,8.7,6.9,9,8.5,5.8,7.4
2013-01-01,8, 7.5,8.7,6.9,8.9,8.4,5.8,7.3
2013-02-01,7.7, 7.4,8.7,6.8,8.8,8.4,5.8,7.1
2013-03-01,7.5, 7.3,8.7,6.8,8.6,8.2,5.8,6.9
2013-04-01,7.6, 7.2,8.6,6.7,8.4,8.1,5.8,6.8
2013-05-01,7.5, 7.1,8.6,6.7,8.2,7.9,5.7,6.7
2013-06-01,7.5, 7.0,8.6,6.6,8.1,7.8,5.7,6.6
2013-07-01,7.3, 6.9,8.5,6.6,7.9,7.6,5.7,6.6
2013-08-01,7.2, 6.8,8.5,6.5,7.7,7.4,5.7,6.6
2013-09-01,7.2, 6.7,8.4,6.4,7.5,7.2,5.7,6.6
2013-10-01,7.2, 6.6,8.3,6.3,7.3,7,5.6,6.7
2013-11-01,6.9, 6.5,8.2,6.3,7.1,6.8,5.6,6.8
2013-12-01,6.7, 6.4,8.1,6.2,7,6.6,5.5,6.8
2014-01-01,6.6, 6.3,8,6.1,6.8,6.4,5.5,6.9
2014-02-01,6.7, 6.2,8,6,6.7,6.3,5.4,6.8
2014-03-01,6.7, 6.1,7.9,6,6.6,6.2,5.4,6.8
2014-04-01,6.2, 6.1,7.9,5.9,6.5,6.3,5.4,6.7
2014-05-01,6.3, 6.1,7.8,5.9,6.5,6.3,5.3,6.7
2014-06-01,6.1, 6.0,7.8,5.9,6.4,6.4,5.3,6.6
2014-07-01,6.2, 6.0,7.7,5.8,6.3,6.5,5.2,6.6
2014-08-01,6.1, 6.0,7.7,5.8,6.2,6.6,5.2,6.5
2014-09-01,5.9, 5.9,7.7,5.7,6.1,6.7,5.1,6.5
2014-10-01,5.7, 5.8,7.6,5.6,6,6.7,5.1,6.5
2014-11-01,5.8, 5.7,7.6,5.6,5.9,6.6,5,6.5
2014-12-01,5.6, 5.7,7.5,5.5,5.8,6.5,4.9,6.5
2015-01-01,5.7, 5.6,7.4,5.4,5.7,6.5,4.9,6.6
2015-02-01,5.5, 5.6,7.3,5.4,5.8,6.4,4.8,6.8
2015-03-01,5.4, 5.6,7.2,5.3,5.8,6.4,4.8,6.9
2015-04-01,5.4, 5.6,7.1,5.3,5.9,6.3,4.7,7
2015-05-01,5.6, 5.5,7,5.2,5.9,6.2,4.6,7
2015-06-01,5.3, 5.4,6.9,5.1,5.9,6,4.5,7
2015-07-01,5.2, 5.3,6.8,5,5.8,5.9,4.4,6.9
2015-08-01,5.1, 5.3,6.7,5,5.7,5.8,4.3,6.7
2015-09-01,5, 5.2,6.6,4.9,5.6,5.6,4.2,6.6
2015-10-01,5, 5.1,6.6,4.8,5.5,5.6,4.1,6.5
2015-11-01,5.1, 5.0,6.5,4.7,5.4,5.5,4.1,6.4
2015-12-01,5, 5.0,6.5,4.7,5.3,5.5,4.1,6.4
2016-01-01,4.9, 4.9,6.4,4.6,5.3,5.4,4.1,6.4
2016-02-01,4.9, 4.9,6.3,4.5,5.2,5.4,4,6.4
2016-03-01,5, 4.8,6.2,4.5,5.1,5.3,4,6.4
2016-04-01,5, 4.8,6.1,4.5,5.1,5.2,4,6.3
2016-05-01,4.8, 4.8,6.1,4.4,5,5.2,4.1,6.2
2016-06-01,4.9, 4.7,6.1,4.4,5,5.1,4.1,6.2
2016-07-01,4.8, 4.7,6.1,4.4,5,5,4.1,6.1
2016-08-01,4.9, 4.7,6,4.4,5,4.9,4.2,6
2016-09-01,5, 4.7,6,4.4,5.1,4.8,4.2,5.9
2016-10-01,4.9, 4.7,6,4.4,5.1,4.7,4.2,5.8
2016-11-01,4.7, 4.7,6,4.4,5.1,4.7,4.1,5.7
2016-12-01,4.7, 4.6,6,4.4,5,4.6,4.1,5.5
2017-01-01,4.7, 4.5,6,4.3,4.9,4.5,4,5.3
2017-02-01,4.6, 4.5,6.1,4.3,4.8,4.4,4,5.2
2017-03-01,4.4, 4.4,6.1,4.3,4.6,4.4,3.9,5.1
2017-04-01,4.4, 4.3,6.1,4.3,4.5,4.3,3.8,5
2017-05-01,4.4, 4.3,6.2,4.2,4.5,4.3,3.8,5
2017-06-01,4.3, 4.2,6.2,4.2,4.4,4.3,3.7,5.1
2017-07-01,4.3, 4.2,6.2,4.2,4.4,4.3,3.7,5.1
2017-08-01,4.4, 4.2,6.1,4.2,4.4,4.3,3.6,5.2
2017-09-01,4.2, 4.2,6.1,4.2,4.3,4.2,3.6,5.3
2017-10-01,4.1, 4.1,6,4.2,4.3,4.2,3.5,5.3
2017-11-01,4.2, 4.1,5.9,4.2,4.3,4.1,3.4,5.3
2017-12-01,4.1, 4.1,5.8,4.2,4.2,4,3.4,5.4
2018-01-01,4.1, 4.0,5.8,4.2,4.2,3.9,3.3,5.4
2018-02-01,4.1, 3.9,5.8,4.1,4.1,3.8,3.2,5.4
2018-03-01,4, 3.9,5.8,4.1,4.1,3.6,3.2,5.4
2018-04-01,4, 3.8,5.8,4.1,4,3.5,3.1,5.4
2018-05-01,3.8, 3.8,5.7,4,4,3.4,3.1,5.3
2018-06-01,4, 3.7,5.7,4,3.9,3.4,3,5.3
2018-07-01,3.8, 3.7,5.7,3.9,3.9,3.3,3,5.2
2018-08-01,3.8, 3.6,5.6,3.9,3.9,3.3,2.9,5.1
2018-09-01,3.7, 3.6,5.6,3.8,3.9,3.3,2.9,5.1
2018-10-01,3.8, 3.6,5.6,3.8,3.9,3.3,2.9,5
2018-11-01,3.7, 3.6,5.7,3.8,3.9,3.3,2.9,5
2018-12-01,3.9, 3.7,5.7,3.8,4,3.4,3,4.9
2019-01-01,4, 3.7,5.8,3.8,4,3.4,3,4.9
2019-02-01,3.8, 3.7,5.8,3.7,4.1,3.4,3,4.8
2019-03-01,3.8, 3.7,5.7,3.7,4.1,3.4,2.9,4.8
2019-04-01,3.6, 3.6,5.6,3.7,4.1,3.3,2.9,4.7
2019-05-01,3.6, 3.6,5.5,3.7,4,3.1,2.8,4.7
2019-06-01,3.7, 3.5,5.4,3.6,4,2.9,2.8,4.7
2019-07-01,3.7, 3.4,5.4,3.6,3.9,2.7,2.7,4.8
2019-08-01,3.7, 3.4,5.3,3.6,3.8,2.5,2.7,4.9
2019-09-01,3.5, 3.3,5.3,3.5,3.7,2.4,2.7,5
2019-10-01,3.6, 3.3,5.3,3.4,3.7,2.4,2.7,5.1
2019-11-01,3.5, 3.3,5.3,3.4,3.6,2.4,2.7,5.1
2019-12-01,3.5, 3.3,5.3,3.4,3.6,2.4,2.7,5.1
2020-01-01,3.6, 3.2,5.2,3.3,3.6,2.4,2.7,5
2020-02-01,3.5, 3.2,5.1,3.3,3.6,2.5,2.6,4.9
2020-03-01,4.4, 3.8,6,3.3,4.3,3.2,3.3,6
2020-04-01,14.7,12.0,11.7,10.1,12.9,12.8,11.2,15.9
2020-05-01,13.3,11.2,8.9,9.9,12.9,12.5,9.4,12.9

Tweets by

RichFedResearch

Economic Research

We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

Data & Analysis

Publications

People

Events

Featured

Being a Research Associate at the Richmond Fed

Economic Impact of COVID-19

phone Contact Us

Data &
Analysis

Contact Us