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This series of essays articulates the Richmond Fed's views on issues of particular importance to the Fifth District and the national economy, and their policy implications:

Regional Surveys of Business Activity


May 25, 2017 | Survey

Maryland Survey of Business Activity

Maryland Firms Reported Generally Improved Conditions in May

Carolinas Surveys

May 25, 2017 | Survey

Carolinas Survey of Business Activity

Firms in the Carolinas Were Generally Upbeat in May



May 26, 2017 | Report

Snapshot, June 2017

Economic conditions in the Fifth District were little changed, on balance, in recent months. Housing market indicators were mixed and employment declined slightly; however, business conditions strengthened for services firms.

Regional Matters

Regional Matters thumbnail logo

May 9, 2017 | Publication

Why It Matters: Counting the Unauthorized Immigrant Population

It is generally stated, but somewhat disputed, that around 11 million unauthorized immigrants currently reside in the United States. Why is it important to know more about the size and characteristics of the unauthorized population? And what role should different levels of governments play in enforcing immigration laws?

Kayaking on the New River in West Virginia

April 14, 2017 | Publication

The Outdoor Recreation Economy in the Fifth District

Getting outdoors is healthy for individuals, and it is also healthy for the nation and the Fifth District. How large is the economic impact and who measures it?


May 22, 2017

National Economic Indicators

The latest data on the national economy gathered by the Richmond Fed

Non-Employment Index

May 17, 2017

Hornstein-Kudlyak-Lange Non-Employment Index

Updated index provides an alternative to the standard unemployment rate

2016 Annual Report

May 25, 2017 | Publication

Annual Report - 2016

Reviews economic conditions in the Fifth District during 2016 and includes the article "Understanding Urban Decline"

May 8, 2017

Economic Quarterly

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(804) 697-8000