Snapshot

This monthly update on the Fifth District economy includes timely analysis of labor market, household, business, and real estate conditions at both the state and metro area level.

• Current Reports
  May 7, 2021  | Snapshot

  Snapshot, May 2021

  Recent reports reflect growth in the Fifth District economy.

  View Report by Locations

  Fifth District

  District of Columbia

  Maryland

  North Carolina

  South Carolina

  Virginia

  West Virginia

• Archives

  Archives

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• About

  About

  Snapshot is a monthly update of the Fifth District economy, published by the Regional Economics section of the Federal Reserve Bank of Richmond. Snapshot includes timely analysis of labor market, household, and housing market conditions at both the state and metro area level. Comments and suggestions on content and format are welcomed.

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  The views expressed in Snapshot are those of the contributors and not necessarily of the Federal Reserve Bank of Richmond or the Federal Reserve System.

• Notes

  Notes

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  Manufacturing and Service Sector Surveys

  Each index equals the percentage of responding firms reporting increase minus the percentage reporting decrease. All firms surveyed are located within the Fifth Federal Reserve District.

  Manufacturing Composite Index

  The weighted average of the shipments (33 percent), new orders (40 percent) and employment (27 percent) indexes.

  Mortgage Delinquency Rate

  The number of mortgages 90 days past due as a percentage of the total number of mortgages at the end of the period. The delinquency rate does not include loans in the process of foreclosure.

  Median Home Sales Price - NAR

  Single family homes.

  Median Home Sales Price - NAHB

  Total home sales.

  House Price Index

  Repeat sales index, measuring the average price changes in repeat sales on the same single family properties.

  Housing Opportunity Index

  Share of homes sold considered affordable to a family earning the area's median income.

  Commercial Vacancy

  Commercial real estate data are designed exclusively for the use of CB Richard Ellis clients and cannot be reproduced without prior permission of CBRE. Resale of the information contained herein is strictly prohibited.

• Sources

  Sources

  Nonfarm Payroll Employment
  Bureau of Labor Statistics, Haver Analytics

  Unemployment Rate
  Bureau of Labor Statistics, Haver Analytics

  Civilian Labor Force
  Bureau of Labor Statistics, Haver Analytics

  Unemployment Insurance Claims
  U.S. Department of Labor, Haver Analytics

  District Imports / Exports
  U.S. Census Bureau, Haver Analytics

  Personal Income
  Bureau of Economic Analysis, Haver Analytics

  Median Family Income
  National Association of Home Builders, Wells Fargo, Haver Analytics

  Bankruptcy Filings
  Administrative Office of the U.S. Courts, Haver Analytics

  Mortgage Loans Past Due
  Mortgage Bankers Association of America, Haver Analytics

  Private Building Permits
  U.S. Census Bureau, Haver Analytics

  Private Housing Starts
  Bank of Tokyo-Mitsubishi, Haver Analytics

  Median Home Sales Price - NAR
  National Association of Realtors, Haver Analytics

  Median Home Sales Price - NAHB
  National Association of Home Builders, Wells Fargo, Haver Analytics

  House Price Index
  CoreLogic Information Solutions, Inc., Federal Reserve Bank of Richmond

  Housing Opportunity Index
  National Association of Home Builders, Wells Fargo, Haver Analytics

  Commercial Vacancy Rates
  CB Richard Ellis, Haver Analytics