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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


April 27, 2017 | Survey

Maryland Survey of Business Activity

Business Activity Improved in April Among Maryland Firms and Expectations Remained Upbeat

Carolinas Surveys

April 27, 2017 | Survey

Carolinas Survey of Business Activity

Business Activity Among Firms in the Carolinas Improved in April



May 4, 2017 | Report

Snapshot, May 2017

Recent reports on the Fifth District economy were slightly mixed. Conditions improved for area businesses and housing market indicators were positive; however, employment declined slightly.

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

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