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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.

August 10, 2018

Fifth District Firms Weigh In on Steel and Aluminum Tariffs

In June 2018, the Richmond Fed asked its survey participants about the expected impacts of the tariffs imposed on imported steel and aluminum. While about half of the firms surveyed expected negative impacts to their own businesses and to the U.S. economy, there was a good portion of firms that believed the tariffs would be good for the overall U.S. economy, even if their firms would not directly benefit.

Joseph Mengedoth

July 31, 2018

Catching a Ride in the Fifth District

Ride-sharing services, such as Uber and Lyft, have become a force to be reckoned with in the taxi industry. While these services have run into regulatory spats with government agencies and continue to deal with company image issues, they have grown markedly, particularly in and around the Washington, D.C., metro area.

Caitlin Dutta

June 29, 2018

Caution: Pipeline Construction Ahead

Natural gas production has experienced tremendous growth over the last decade in the U.S. and West Virginia and continues to grow. In West Virginia, six new pipeline projects have been proposed. How will these pipelines service the natural gas market, and how long until they are in service? What has the impact been on job growth and wages?

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.

Michael Stanley

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.

Michael Stanley

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.

February 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?

Roisin McCord

February 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?

Joseph Mengedoth

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?

Contact Us

Joseph Mengedoth
(804) 697-2860

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