September 2023, No. 23-30
Region & Communities
Our work to support the nation’s economy includes a focus on the economic well-being of our District, which covers North and South Carolina, Maryland, Virginia, Washington, D.C., and most of West Virginia. Learn more about our research and engagement in our communities:
Small Town &
Rural Initiative
Understanding the economic challenges facing our smaller towns and sharing what works to address them.
Regional Data &
Analysis
Regional surveys, economic indicators and in-depth analysis of the communities in our District.
Community Development & Engagement
Working to identify economic opportunities in low- and moderate-income and underserved communities.
Regional Economic Snapshot
September 21, 2023
This overview of the Fifth District economy includes timely analysis of labor and housing markets, including growth in payrolls.
date,United States,Fifth District,District of Columbia,Maryland,North Carolina,South Carolina,Virginia,West Virginia 8/31/2013,1.715923472,1.326166454,1.736158578,1.012805588,1.796287005,2.121049813,0.771559461,0.248618785 9/30/2013,1.715088617,1.242404276,1.809277649,0.792975398,1.9525383,2.300941781,0.517830451,-0.617538082 10/31/2013,1.758359261,1.0704213,0.948124069,0.649325552,1.946283573,2.398504274,0.095795636,-0.508171954 11/30/2013,1.839298693,1.141872554,1.246105919,0.913171336,1.847143284,2.145671387,0.255387071,-0.055149593 12/31/2013,1.697575421,1.042031268,1.163892272,0.497838839,1.912255366,2.361702128,0.074448285,-0.357978797 1/31/2014,1.690755184,0.903033172,0.365655471,0.36960037,1.807783165,2.358816342,-0.007969821,-0.700838258 2/28/2014,1.595791772,0.612417084,0.419429035,0.330972906,1.258376768,2.091073134,-0.278544143,-0.974605353 3/31/2014,1.692841719,0.860358822,0.473292765,0.276752768,1.671909444,2.710443961,-0.143232275,-0.755598296 4/30/2014,1.78250758,1.25844656,0.242033078,0.665589412,2.058488792,2.831287045,0.523699391,-0.316368638 5/31/2014,1.770873901,1.527560772,0.094212651,0.911924276,2.231623741,2.900771426,0.881209733,1.044099464 6/30/2014,1.881572478,1.433894833,1.079330815,0.860281128,2.322184537,2.659714542,0.886274719,-1.459251101 7/31/2014,1.968604967,1.346859988,0.875420875,0.694924365,2.300298965,2.423254836,0.761164635,-0.936639118 8/31/2014,1.919713104,1.402295852,0.765923139,1.087165303,2.195879338,2.486100913,0.728432806,-0.606227611 9/30/2014,2.005569402,1.434697405,0.601282737,1.158997582,2.064918484,2.620567005,0.751500345,0.165700083 10/31/2014,2.01840352,1.53766076,1.073393264,1.217311163,2.151749828,2.69184621,0.824117397,0.358917725 11/30/2014,2.020915566,1.581584038,0.882943144,1.246165644,2.268889052,2.98149596,0.7535955,0.234515106 12/31/2014,2.182458797,1.721213871,0.882943144,1.489958143,2.347911068,2.946372895,0.998990382,0.373082769 1/31/2015,2.188263348,1.862076432,2.239913642,1.323360184,2.484001759,2.78195879,1.2912139,0.415167451 2/28/2015,2.26713239,2.185353864,2.169226624,1.518987342,3.056597299,3.202328967,1.508339762,0.499029665 3/31/2015,2.129201513,1.714685053,2.01884253,1.280282122,2.331416878,2.628589134,1.15812681,-0.083056478 4/30/2015,2.099813446,1.602301919,1.515761234,1.352952417,2.007272727,2.341619062,1.351351351,-0.386366772 5/31/2015,2.194207984,1.780869964,2.151405136,1.605277206,2.274872341,2.598202824,1.541181749,-1.672331747 6/30/2015,2.061469535,1.942123015,1.561665777,1.465996497,2.388038034,2.79601888,1.66464412,0.656607991 7/31/2015,2.094538238,2.181758295,2.20293725,1.68909902,2.417640808,3.110084681,2.208135235,-0.055617353 8/31/2015,2.062359075,2.170479478,2.17362315,1.485901041,2.438083295,3.121801433,2.356884584,-0.429719989 9/30/2015,1.936043221,2.105923534,1.832912737,1.350582344,2.470591065,2.910443957,2.459081205,-0.978770334 10/31/2015,1.98848396,2.256966694,2.2434621,1.646558919,2.456695936,2.956565913,2.760639139,-1.182943604 11/30/2015,1.942336657,2.197224334,2.254342925,1.537587578,2.410013402,2.7028395,2.773242033,-1.073492981 12/31/2015,1.935653933,2.289464349,2.612385625,1.638351811,2.506504977,2.796426228,2.796338191,-0.963656388 1/31/2016,1.875329036,1.934318206,1.860894813,1.559719856,2.361829405,2.615765288,2.040655738,-1.51598677 2/29/2016,1.832719113,1.898792385,2.149545035,1.269553389,2.321377604,2.654644368,2.10702867,-1.682758621 3/31/2016,1.945729613,2.255260977,2.242744063,1.684202558,2.687775265,2.742414331,2.515558123,-0.872817955 4/30/2016,1.879576777,2.192874042,2.497357294,1.538519552,2.880365036,2.946796741,2.056099152,-1.080482061 5/31/2016,1.668079695,1.787685924,2.237725418,0.956955755,2.437235276,2.622491367,1.554175222,-0.483960177 6/30/2016,1.73400614,1.629751393,1.99763438,0.923180846,2.360697575,2.365623596,1.525806368,-1.929215822 7/31/2016,1.77901105,1.599103045,1.554539517,1.091113611,2.393585662,2.573291524,1.191337606,-1.683361157 8/31/2016,1.782874833,1.543088976,1.422605064,1.160831305,2.316493244,2.387096774,1.129389923,-1.614924126 9/30/2016,1.895055003,1.621923547,1.512977697,1.46359723,2.380505212,2.486379396,1.039255029,-1.44786301 10/31/2016,1.742118736,1.260235058,1.220462218,1.078680203,2.009085374,1.756550057,0.836476535,-1.572939866 11/30/2016,1.66584973,1.433091124,1.219037738,1.18608034,2.11960459,2.099452959,0.837967353,-0.153032832 12/31/2016,1.624930984,1.23112563,1.046782114,1.105651106,1.928227102,1.964154186,0.690943522,-1.403947734 1/31/2017,1.704632746,1.436068536,1.295672454,1.286017818,1.725261932,2.258747109,1.184998586,-0.559753708 2/28/2017,1.697929015,1.541270646,0.916602117,1.552122976,1.829381683,2.232690515,1.293568092,-0.182379349 3/31/2017,1.607200033,1.457416964,1.238709677,1.328767633,1.766587843,2.3655598,1.132143132,-0.503144654 4/30/2017,1.609943277,1.217691776,0.992651798,1.114123371,1.483021483,1.914810473,1.027791271,-0.714185688 5/31/2017,1.728966442,1.292689499,0.914123857,1.237826184,1.612344367,1.980004877,1.195137556,-1.445046547 6/30/2017,1.689882901,1.50961133,0.979255251,1.413007102,1.80298728,2.193944713,1.231948882,0.212284178 7/31/2017,1.561775594,1.369088263,0.81039362,1.064500575,1.722708429,1.916731366,1.200296243,0.31130607 8/31/2017,1.55048941,1.281291763,0.875048256,0.940218397,1.755556578,1.677087877,1.053034166,0.226404415 9/30/2017,1.405895379,1.138456042,0.693819864,0.719397919,1.58679202,1.353179973,1.054025154,0.310778359 10/31/2017,1.432421813,1.393759369,0.962031811,0.956390089,1.778991828,2.225670368,1.058551108,0.608117664 11/30/2017,1.507001219,1.097507472,0.807174888,0.810940322,1.482905396,1.916300623,0.871664549,-0.975337885 12/31/2017,1.453152509,1.181210261,0.831308351,0.644353621,1.409673513,1.81555502,1.202124685,0.239672917 1/31/2018,1.394544044,1.525378432,0.972115631,0.669807154,1.879105537,2.738209817,1.387054161,0.45032367 2/28/2018,1.517364325,1.524029619,1.189714724,0.826658829,1.849019563,2.807910147,1.2390412,0.379479972 3/31/2018,1.579722555,1.562105292,0.968646444,0.955039671,1.931838892,2.61709966,1.33221893,0.435454418 4/30/2018,1.542018991,1.689175349,1.250957365,0.885150769,1.993990713,3.139378834,1.343793496,1.029619182 5/31/2018,1.616241658,1.757748554,1.326869099,0.987699651,2.061879106,3.06059012,1.423802539,1.325250247 6/30/2018,1.622233744,1.782005625,1.301518438,1.00832325,2.00462606,3.077143266,1.444189158,1.962999576 7/31/2018,1.532989944,1.724818333,1.173918591,1.115678215,1.901829379,2.694853116,1.483836778,2.045422486 8/31/2018,1.609862022,1.745949696,1.186375813,1.133154864,1.91972866,2.936549554,1.375116696,2.188338275 9/30/2018,1.606813652,1.440847797,1.173918591,0.886414417,1.417543226,2.670226969,1.158923713,1.957470779 10/31/2018,1.616750596,1.582791382,0.85122602,0.833942941,1.917048197,2.632577554,1.24386252,1.96795052 11/30/2018,1.523304179,1.672803217,0.864260295,0.972613258,1.955080503,2.666477219,1.458695488,1.744758689 12/31/2018,1.548254147,1.44573255,0.71029934,0.914611839,1.732528275,2.445369407,1.127574083,1.322081575 1/31/2019,1.655041647,1.56050676,0.50671396,1.045550925,2.394859813,1.667525411,1.260335755,0.854581115 2/28/2019,1.373785949,1.341540617,0.720606827,0.761578545,2.104578972,1.405294365,1.136278313,0.448053766 3/31/2019,1.375091886,1.341785597,0.694269124,0.807742687,2.006973002,1.52461768,1.172236247,0.34965035 4/30/2019,1.439774703,1.296530053,0.491679274,0.793650794,1.879128727,1.552116734,1.188633072,0.307133882 5/31/2019,1.260461833,1.21124778,0.377738605,0.719895288,1.779668567,1.605493945,1.114574243,-0.180882148 6/30/2019,1.229139535,1.184152428,0.491245749,0.856686511,1.687341603,1.485698417,1.134921228,-0.567867036 7/31/2019,1.246124733,1.121017745,0.56753689,0.333914053,1.799680057,1.720061199,1.061792863,-0.95382914 8/31/2019,1.231979206,1.131737448,0.542107917,0.348103561,1.78595199,1.773722966,1.077704216,-0.925670075 9/30/2019,1.310248325,1.388907491,0.605372683,0.410267582,2.434898731,2.178153446,1.093345288,-1.229281768 10/31/2019,1.284726402,1.162255082,0.503905266,0.591265235,1.737148421,1.557517216,1.325573876,-1.612903226 11/30/2019,1.363435858,1.121085205,0.592237903,0.521455731,1.789308385,1.434700374,1.221692491,-1.687180196 12/31/2019,1.30770001,1.217534093,0.705289673,0.572795824,1.942199092,1.482062884,1.268966202,-1.374236535 1/31/2020,1.321662203,1.058025241,1.449458029,0.340086831,1.480977665,1.188666206,1.195159973,-0.458397 2/29/2020,1.518402047,1.030715453,1.004142086,0.383335744,1.543155677,1.003683241,1.182904798,-0.473933649 3/31/2020,0.415114423,0.246097922,0.376081234,-0.768786544,0.7953201,0.27554535,0.545975592,-1.254355401 4/30/2020,-13.37181114,-11.95755202,-9.358926107,-13.91678104,-11.06900329,-13.4077701,-10.83608904,-14.85038274 5/31/2020,-11.66766248,-10.80388365,-9.972403412,-13.08930763,-9.539336908,-10.56309083,-10.37186822,-14.13437413 6/30/2020,-8.738237498,-8.369918807,-9.889696666,-11.19349266,-6.628626396,-7.410954531,-8.655100283,-8.162696754 7/31/2020,-7.830778306,-7.287194989,-9.405568096,-8.551584431,-5.82303898,-7.265268915,-7.462723291,-8.485694348 8/31/2020,-6.824122665,-6.052774216,-8.413793103,-7.870203079,-4.688419538,-5.633418274,-5.808771023,-7.809231627 9/30/2020,-6.316499029,-5.384412153,-8.687476495,-7.087069714,-3.932730749,-5.190673151,-5.042989825,-6.992029087 10/31/2020,-5.92154351,-4.977695069,-9.175231888,-6.873174426,-3.125679732,-4.396104487,-5.051298414,-6.221101303 11/30/2020,-5.88084029,-4.784171476,-9.282224728,-6.887856191,-2.907305202,-4.002183009,-4.857226965,-5.668870446 12/31/2020,-6.120687383,-4.479176971,-9.667333667,-6.711844856,-2.346193952,-3.535031847,-4.661598823,-5.615763547 1/31/2021,-6.002051309,-4.462025108,-10.33668779,-6.13687171,-2.533889694,-3.332878022,-4.609252739,-6.447111359 2/28/2021,-5.793097112,-4.354432378,-10.4386728,-6.282873406,-2.319548628,-3.01303674,-4.627387678,-5.742296919 3/31/2021,-4.383082468,-3.324422329,-9.816410641,-4.746662787,-1.265079883,-2.308220747,-3.828103885,-4.079040226 4/30/2021,10.87479874,10.21027351,0.332179931,10.27147233,12.25460009,12.7833853,8.399988929,10.80418437 5/31/2021,9.049641126,8.994720781,1.421206632,9.411862436,10.68802013,9.31372549,8.12193914,8.961038961 6/30/2021,5.935910478,6.305877259,2.072610933,7.060063224,7.581540191,5.654615309,6.064443127,3.200364022 7/31/2021,5.388885693,5.759599332,2.131782946,5.201740506,7.191193511,5.991349651,5.296604536,4.422754308 8/31/2021,4.56111194,4.502951544,1.574479737,4.667398808,5.705726308,4.310926801,3.845550559,3.554681591 9/30/2021,4.24520316,3.689405786,2.443712246,3.739881694,4.575473832,3.902392253,2.931714404,2.691324613 10/31/2021,4.267295531,3.85088164,3.836599503,3.709583737,4.715180636,3.969916222,3.094302554,2.659494995 11/30/2021,4.504599175,3.866427468,4.266777133,3.865052037,4.675051473,3.685806329,3.127578383,2.892931703 12/31/2021,5.100543955,3.878682435,4.887165998,4.211746522,4.355757252,3.527802669,3.189382443,3.414852371 1/31/2022,4.991991271,3.611057573,4.946653734,3.303626306,4.214635878,3.645612548,2.860731589,3.5650358 2/28/2022,5.201192666,4.268649121,5.1338976,4.06319674,4.910813084,4.535413827,3.477368893,3.566121842 3/31/2022,4.916578904,3.876112252,5.373217006,3.001374675,4.76410629,4.209835451,3.178252983,2.692760447 4/30/2022,4.88472762,3.95316588,5.145537315,2.724401659,4.761695778,4.634054915,3.434101006,2.861779023 5/31/2022,4.787175387,3.845551218,5.110592114,2.589021335,4.613804258,4.512331839,3.196091404,3.84386174 6/30/2022,4.542866746,3.479405935,3.952030526,1.972289522,4.455133088,4.484848485,2.97188143,1.998824221 7/31/2022,4.381882941,3.481539946,4.133911629,2.32750517,4.218104772,4.49339207,3.095881417,1.329049219 8/31/2022,4.150902385,3.410108464,3.302331851,2.046016638,4.450165502,4.326923077,2.990710671,1.358457493 9/30/2022,3.995181962,3.723078373,2.787456446,2.247064561,4.751605857,4.683246436,3.511115592,1.727672035 10/31/2022,3.666556722,2.925677754,1.967038809,1.381473323,3.818856273,3.690138266,2.958802437,1.309853005 11/30/2022,3.434267595,2.742192554,1.946762018,1.247858154,3.596091762,3.367449511,2.71520364,1.811594203 12/31/2022,3.200838776,2.454456637,1.663146779,0.934371524,3.442762737,3.125142363,2.492584561,0.201874549 1/31/2023,3.265026048,2.818857044,1.610773699,1.487431206,3.780251591,3.4310384,2.873377028,0.532910845 2/28/2023,2.811072114,2.206231532,1.821301307,0.790513834,3.039763738,2.477295207,2.428688261,0.301291248 3/31/2023,2.67328825,2.217272985,1.603364437,1.253058501,2.710824385,2.771154798,2.43159589,0.243587907 4/30/2023,2.64441778,2.085742824,1.377591183,1.370522651,2.532361443,2.637589002,2.194465701,0.172092356 5/31/2023,2.583496665,2.080845983,1.463860933,1.346950858,2.473623733,2.704031465,2.172412093,0.37302726 6/30/2023,2.403354067,2.220400131,1.966439434,1.737387237,2.416968788,2.775298947,2.26448605,0.965417867 7/31/2023,2.125768074,1.740547588,0.950149681,0.7973837,2.228030869,2.369752374,1.650868298,1.41251081 8/31/2023,2.013278376,1.843170957,1.409185804,1.186104583,2.429577465,2.051577455,1.605925057,1.542008935
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