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 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?

December 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.

Michael Stanley

December 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.

November 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.

Jeannette Plamp

October 18, 2017

A Tale of Three Cities: Richmond, Charlotte, and Baltimore

The Fifth District economy – like the U.S. economy – is increasingly driven by urban areas. How can we start to understand the existence, growth, and decline of cities in the context of Richmond, Va., Charlotte, N.C., and Baltimore, Md.?

October 3, 2017

The Hispanic Population in the Fifth District: Growing and Working

National Hispanic Heritage Month, which started on Sept. 15 and continues through Oct. 15, is a time to celebrate the culture, history, and accomplishments of American citizens who trace their ancestors to Spain, Mexico, the Caribbean, and Central and South America. The Hispanic population in the Fifth District is significant and is growing, but a look at labor market indicators provides some insight on the disparity in outcomes for the Hispanic population relative to the population overall.

August 24, 2017

The Opioid Epidemic

States in the Fifth Federal Reserve District struggle with the opioid epidemic that continues to plague the nation. In fact, one state in the Fifth District—West Virginia—has some of the highest rates of drug use and opioid overdose deaths in the country.

July 28, 2017

Business Dynamics in the Fifth District

The dynamics of firm creation and exit are an important engine of economic growth. Researchers have noted that there has been a slowing in business dynamics in the United States in recent decades. Is the same true for the Fifth District and our jurisdictions?

July 7, 2017

A Sectoral Look of Real Gross Domestic Product by State

Which industries in the Fifth District contributed the most to real GDP in 2016? How does that compare to employment by industry and which industries generate the most output per worker?

Joseph Mengedoth

June 2, 2017

What a Shrinking Federal Government Could Mean for the Fifth District

The Fifth District has a disproportionately high share of federal government employment and contract dollars, and could be more heavily affected by reductions than other comparable areas. 

Michael Stanley

Contact Us

Joseph Mengedoth
(804) 697-2860

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