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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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Oct. 25, 2016 | Survey

Fifth District Survey of Service Sector Activity

Service Sector Activity Softens; Employment Growth Stable with Moderate Spread of Wage Increases

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Oct. 25, 2016 | Survey

Fifth District Survey of Manufacturing Activity

Manufacturing Activity Slowed in October; New Orders Decreased, Hiring Strengthened Mildly



Oct. 24, 2016 | Speech

Economic Outlook

Andy Bauer, a senior regional economist at the Baltimore branch of the Richmond Fed, reviewed economic conditions in Maryland and the nation for members of the Montgomery County Planning Department in October 2016.

Regional Matters

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Oct. 19, 2016 | Publication

Commuting Patterns around Virginia’s Biggest Cities

In 2015, nearly 4 million Virginia residents commuted to work; however, the means of transportation and average commute time varied substantially by location.

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Sept. 30, 2016 | Publication

Income Inequality Across the Fifth District

Income has been growing, but many households have not fully recovered from the recession. Income inequality persists at the national level and varies by state and metro area within the Fifth District.


Oct. 24, 2016

National Economic Indicators

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

Non-Employment Index

Oct. 21, 2016

Hornstein-Kudlyak-Lange Non-Employment Index

Updated index provides an alternative to the standard unemployment rate

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Research Department
(804) 697-8000