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
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 increased by 400 jobs (0.1 percent) in September. The unemployment rate rose 0.2 percentage point to 6.2 percent.
Maryland
Payroll employment in Maryland decreased by 9,000 jobs (0.3 percent) in September. The unemployment rate ticked up 0.2 percentage point to 3.8 percent.
North Carolina
Payroll employment in North Carolina increased by 10,200 jobs (0.2 percent) in September. The unemployment rate remained unchanged at 3.7 percent.
South Carolina
Payroll employment in South Carolina declined by 4,700 jobs (-0.2 percent) in September. The unemployment rate is currently 4.4 percent, inching up slightly by 0.1 percentage point.
Virginia
Payroll employment in Virginia declined by 5,000 jobs (0.1 percent) in September. The unemployment rate fell slightly to 3.5 percent.
West Virginia
Payroll employment in West Virginia declined by 2,000 jobs (0.3 percent) in September. The unemployment rate edged up 0.2 percentage point to 4.0 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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