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Regional Matters

December 21, 2017

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

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

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

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

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

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

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

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

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

May 9, 2017

It is generally stated, but somewhat disputed, that around 11 million unauthorized immigrants currently reside in the United States. Why is it important to know more about the size and characteristics of the unauthorized population? And what role should different levels of governments play in enforcing immigration laws?

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Joseph Mengedoth (804) 697-2860