Regional Matters

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These articles provide an in-depth look at regional and national economic trends that matter to the Fifth District. Updates will be published several times a month.

January 23, 2017

Beige Book - A New Look

On Jan. 18, the Board of Governors released the most recent installment of the Beige Book report. With this report comes a new design. What changes can you expect, and why now?

Joseph Mengedoth

January 13, 2017

Educational Attainment in the Fifth District

This post takes a look at the current state of educational attainment across jurisdictions and highlights some of the information available in new reports published by the Richmond Fed.

Michael Stanley

December 21, 2016

Updated Survey on Hiring and Wages

Earlier this year, we reported the results of a special survey on hiring and wages. A similar survey was conducted in November ... the results are in.

Joseph Mengedoth

December 5, 2016

Text Analytics: Using Survey Comments for Sentiment Analysis

The qualitative data conveyed through surveys, or gathered at roundtable meetings with business firms or our own Bank directors are very valuable pieces of information. However, summarizing and extracting meaning out of this information are very challenging tasks. So how can we make sense out of this information?

November 18, 2016

Measuring Economic Activity: How the Richmond Fed Uses Diffusion Indices

The Richmond Fed publishes a series of diffusion indices based off of surveys of manufacturing and service sector firms across the Fifth District. These indices help us to understand business conditions in our region in a timely and more comprehensive way.

November 7, 2016

A Dramatic Shift in the U.S. Energy Sector: Hitting Close to Home

There has been a dramatic change in the energy sector in recent decades. With lower prices, what is the outlook going forward? What has the impact been on West Virginia, the Fifth District’s largest energy producer?

October 19, 2016

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.

Michael Stanley

September 30, 2016

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.

September 13, 2016

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?

Joseph Mengedoth

August 24, 2016

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. 

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Joseph Mengedoth
(804) 697-2860