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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

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Sept. 27, 2016 | Survey

Fifth District Survey of Service Sector Activity

Service Sector Strengthened; Wage Growth Became More Widespread While Hiring Was Restrained

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Sept. 27, 2016 | Survey

Fifth District Survey of Manufacturing Activity

Manufacturing Sector Activity Still Soft in September; Employment Index at 36-Month Low



Sept. 2, 2016 | Report

Snapshot, September 2016

Reports on the Fifth District economy were somewhat mixed in recent months. The labor market continued to strengthen; however, business conditions softened slightly and housing market indicators were mixed.

Regional Matters

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Sept. 13, 2016 | Publication

Made in the Fifth District: A Snapshot of Manufacturing

Manufacturing accounted for 9.6 percent of total private sector employment and 11.8 percent of total output in the Fifth District in 2015. What kind of things are produced in the District? Where? And what are the values of those goods?

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Aug. 24, 2016 | Publication

Virginia's Labor Market Recovery Resumes

Virginia gained jobs at a brisk pace during 2015, but the pace slowed during the first five months of 2016 and has only recently picked up again. Employment growth by industry and by metro area varies substantially. 


Sept. 26, 2016

National Economic Indicators

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

Non-Employment Index

Sept. 9, 2016

Hornstein-Kudlyak-Lange Non-Employment Index

Updated index provides an alternative to the standard unemployment rate

Sept. 1, 2016

Fourth Quarter 2015


Aug. 24, 2016 | Publication

Econ Focus, First Quarter 2016

Cover Story: Will America Get a Raise?
Economists debate why wage growth has been so sluggish during the recovery from the Great Recession

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