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.

March 22, 2017

Ties That Bind: The Carolinas in an Integrated Global Economy

While increased global integration required painful adjustments for some workers and communities as well as companies and even entire industries, there have also been significant benefits to this global interconnectedness, including in the Carolinas.

March 3, 2017

Building Momentum: Garrett County, Md., Economy on the Upswing

After the severity of the Great Recession, how has the Garrett County economy progressed? How has the labor market improved? Has business activity stabilized?

February 24, 2017

Apprenticeships: Are They Worth It?

For the past few years, businesses in the Fifth District have expressed concerns over a growing skills mismatch in the local labor force. As a result, some firms have turned to apprenticeship programs to address their needs. 

Audrey Polk

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

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Joseph Mengedoth
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