Each month, we ask Fifth District business owners about recent changes in economic conditions and their expectations.
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
Total payroll employment in the District of Columbia declined by 2,800 jobs (0.4 percent) in June. The unemployment rate was unchanged at 5.9 percent.
Maryland
Total payroll employment in Maryland fell by 8,500 jobs (0.3 percent) in June. The unemployment rate ticked up from 3.2 percent to 3.3 percent.
North Carolina
Total payroll employment in North Carolina increased by 5,000 jobs (0.1 percent) in June. The unemployment rate remained unchanged at 3.7 percent.
South Carolina
Total payroll employment in South Carolina increased by 5,800 jobs (0.2 percent) in June. The unemployment rate is currently at 4.1 percent, remaining stable.
Virginia
Total payroll employment in Virginia declined by 8,400 jobs (0.2 percent) in June. The unemployment rate edged up slightly to 3.5 percent.
West Virginia
Total payroll employment in West Virginia increased by 1,300 jobs (0.2 percent) in June. The unemployment rate was unchanged at 3.7 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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