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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.

May 31, 2018

The Adoption of Digital Technology: Survey of Fifth District Firms

In April, we surveyed firms about their adoption of technology and how it might translate into prices and employment in the next few years. Most firms reported adopting new technology, although many did not anticipate the technology to notably impact their pricing or employment decisions.

May 9, 2018

Industry Diversity in Cities

Charlotte, N.C., has the most diverse industrial mix of any Fifth District city, while Bennettsville, S.C., is the least diverse. This post explores the forces that lead to industry diversity in cities.

April 20, 2018

Payroll Revisions in the Fifth District

Revised employment data show fewer jobs added in the Fifth District than originally reported. By December 2017 (the most recent month revised), total employment was revised lower by 75,300 jobs or 0.5 percent.

March 23, 2018

Through the Looking Glass: South Carolina's Labor Market Recovery

December 2017 marked the 10-year anniversary of the start of the economic downturn which would ultimately evolve into the Great Recession. As bad as the Great Recession was nationally, South Carolina's descent into the trough was steeper. And its recovery has been more impressive, particularly in the Charleston and Upstate regions.

Feb. 28, 2018

New Indexes in Monthly Business Surveys

Beginning with the release of our February 2018 survey results, we began to report a few new variables in our Fifth District Survey of Manufacturing Activity and Fifth District Survey of Service Sector Activity. What are they and what can they tell us?

Feb. 20, 2018

Update: Educational Attainment in the Fifth District

In 2016, every Fifth District jurisdiction, along with the nation, saw an increase in the share of the over-25 population with a bachelor’s degree or higher. What else changed since 2015?

Jan. 19, 2018

What's Up With Housing?

Ten years after the housing market collapse, activity in the single-family market remains somewhat subdued. Despite rising prices and low inventories, single-family construction has increased very gradually. Are there impediments to new housing supply?

Dec. 21, 2017

Fifth District Businesses Surveyed on Employment and Wages

A November 2017 survey of Fifth District businesses found that most firms plan on increasing hiring in the next year as well as raising wages to attract and retain workers, though not for all positions.

Dec. 15, 2017

Eastern North Carolina Businesses Weigh In On Labor Challenges

Payroll employment growth in eastern North Carolina has been more sluggish than in other parts of the state, on the whole, for the last several years. To learn more about why, the Federal Reserve Bank of Richmond worked with NCEast Alliance to facilitate a business and industry roundtable meeting in late October.

Nov. 8, 2017

Fifth District Businesses Report on Hurricane Impacts

For the most part, the effects of Hurricanes Harvey and Irma on Fifth District firms were indirect and negative, although there were some businesses that reported positive economic impacts.

Contact Us

Joseph Mengedoth
(804) 697-2860

Sonya Ravindranath Waddell
Director of Regional Economics
(804) 697-2694