Each month we ask our region’s business leaders about recent changes in economic conditions and their expectations for the next six months.
Regional Economic Snapshot
Regional Economic Snapshot
This update on the Fifth District economy includes timely analysis of labor market, housing, and other conditions at the state and metro area level.
Snapshot By State
District of Columbia
Payroll employment in the District of Columbia declined by 5,400 jobs (0.7 percent) in January. The unemployment rate was unchanged at 6.7 percent.
Maryland
Payroll employment in Maryland increased by 4,500 jobs (0.2 percent) in January. The unemployment rate ticked up 0.1 percentage point to 4.3 percent.
North Carolina
Payroll employment in North Carolina increased by 5,200 jobs (0.1 percent) in January. The unemployment rate remained at 3.8 percent.
South Carolina
Payroll employment in South Carolina increased by 5,400 jobs (0.2 percent) during January. The unemployment rate increased slightly by 0.1 percentage point to 4.9 percent.
Virginia
Payroll employment in Virginia increased by 2,900 jobs (0.1 percent) in January. The unemployment rate ticked up 0.1 percentage point to 3.7 percent.
West Virginia
Payroll employment in West Virginia increased by 1,300 jobs (0.2 percent) in January. The unemployment rate was unchanged at 4.6 percent.
Related Content
These posts examine local, regional and national data that matter to the Fifth District economy and our communities.
Updated weekly, this set of charts is used during policy discussions and meetings with our board of directors.
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