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About Us
We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Economic Research
We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

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Banking & Supervision
We help ensure our financial system is operating safely and effectively, and we help support secure and efficient methods to transfer your funds through our financial system.
Education
We work with teachers, students and the public to enhance understanding of economics, personal finance and the Federal Reserve.

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Community Development
We work with community partners to identify and address economic challenges and opportunities in low- and moderate-income communities in the Fifth District.

Econ Focus

Fourth Quarter 2020

Econ Focus Q4 2020

Cover Story

The Rise and Sudden Decline of North Carolina Furniture Making

The industry was hit hard by offshore competition

Download Full Issue

Features

Perdue Farms meat processing facility

Unpacking the Meat Industry

Changes in the meat supply chain have brought benefits, but are vulnerabilities a cause for concern?

investment

What Makes Companies Invest?

Decisions about investment at the firm level are important to the path of economic growth

Departments

President's Message

Tom Barkin

Furniture Faces a New Challenge

Upfront

Map of Fifth District

Regional News at a Glance

Research Spotlight

Measuring Culture with Facebook

At the Richmond Fed

Understanding the Racial Wealth Gap

Interview

Valerie Ramey

The Profession

The Leaky Pipeline in Economics

Federal Reserve

Quarter

Book Review

Taming the Megabanks

A New Glass-Steagall — and Then Some

District Digest

Outer Banks housing

The Housing Market and the Pandemic

Opinion

Kartik Athreya

Unfinished Business

Contact Us

David A. Price (804) 697-8018