Regional Matters
These posts examine local, regional and national data that matter to the Fifth District economy and our communities.
Following the release of the 2023 Rural-Urban Continuum Codes, many counties in the Fifth District have become more rural. What caused these changes, and how does this affect the way we think about rural?
We reexamine the Dallas Fed's analysis to understand if regional manufacturing data published by several Reserve Banks still track leading national economic indicators.
Our March business surveys included special questions on return-to-office policies and on-site expectations four years after the pandemic motivated a rapid conversion to remote work for a portion of jobs.
This article covers the state-level employment data release from the Bureau of Labor Statistics for January, written by the Richmond Fed's team of regional economists.
In this post, we examine recent domestic migration trends in Maryland compared to peer states in the Fifth District.
The Richmond Fed business survey results suggest that wage growth is slowing, and firms expect a return to pre-COVID-19 levels over the next year.
Community colleges offer non-credit workforce training programs that prepare students for high-demand jobs. Data on these programs and their students are limited. The Richmond Fed's Survey of Community College Outcomes aims to bridge the data gap.
Differences in permitting activity, land use regulation, and land availability contribute to variation in how rapidly the local housing supply is growing in communities throughout the Fifth District.
Price growth in the Fifth District is slowing, but firms expect annualized growth and price adjustments to be above pre-COVID-19 norms, suggesting that pricing uncertainty persists.
Firms remain largely optimistic about their prospects for 2024, and their outlook for the U.S. economy overall improved in the last year. Despite this overall optimism about their prospects, there are still quite a few firms that anticipate growth in 2024 to be below normal, pre-pandemic growth.