Federal Reserve Bank of Richmond

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.

Latest Economic Research

Publications

Can China Avoid a Liquidity-Trap Recession?

Economic Brief

April 2024, No. 24-12

Russell Wong

Regional Economy

Is it Possible to Increase Population and Become More Rural?

Regional Matters

April 11, 2024

Hailey Phelps

Data & Analysis

Fifth District Surveys of Manufacturing and Service Sector Activity

April 23, 2024

Manufacturing activity remained slow in April, while service sector activity remained soft.

        Month,Manufacturing Composite,Service Sector Revenues
2014-04-01,0,7
2014-05-01,3.333333254,9
2014-06-01,6.333333492,9.333333015
2014-07-01,6,10.66666698
2014-08-01,7.333333492,12.66666698
2014-09-01,10.66666698,16.33333397
2014-10-01,16,19
2014-11-01,13.66666698,22
2014-12-01,10.33333302,19.66666603
2015-01-01,4.333333492,17
2015-02-01,2.333333254,15.33333302
2015-03-01,-.6666666865,16
2015-04-01,-4,14.33333302
2015-05-01,-2.333333254,11
2015-06-01,2,12.66666698
2015-07-01,6.666666508,17.66666603
2015-08-01,6.666666508,25
2015-09-01,3,21.33333397
2015-10-01,2,17.33333397
2015-11-01,1.333333373,8.666666985
2015-12-01,3.333333254,9.666666985
2016-01-01,3,9.666666985
2016-02-01,-.3333333433,7.666666508
2016-03-01,3.333333254,7.666666508
2016-04-01,4.666666508,6.333333492
2016-05-01,8.333333015,9
2016-06-01,.6666666865,5.666666508
2016-07-01,.3333333433,3
2016-08-01,-2,.3333333433
2016-09-01,-2,3
2016-10-01,-3.333333254,5
2016-11-01,-.6666666865,8.666666985
2016-12-01,4,8.333333015
2017-01-01,7.666666508,13
2017-02-01,11.66666698,15
2017-03-01,15.33333302,15
2017-04-01,17.33333397,14.66666698
2017-05-01,14,18.33333397
2017-06-01,12,21.66666603
2017-07-01,9.666666985,20
2017-08-01,12.66666698,18
2017-09-01,14.66666698,18.66666603
2017-10-01,15.66666698,22
2017-11-01,20,26
2017-12-01,21,27
2018-01-01,22,26.33333397
2018-02-01,20.33333397,22.66666603
2018-03-01,17.33333397,21
2018-04-01,12.33333302,15
2018-05-01,11,13.33333302
2018-06-01,14,13.33333302
2018-07-01,20.33333397,21
2018-08-01,21.66666603,24.66666603
2018-09-01,24,25
2018-10-01,22,15.66666698
2018-11-01,18,9.333333015
2018-12-01,8,6.666666508
2019-01-01,2.666666746,11
2019-02-01,4,12.66666698
2019-03-01,7.333333492,9.333333015
2019-04-01,10,12
2019-05-01,8,7.333333492
2019-06-01,6.666666508,12.33333302
2019-07-01,.6666666865,11
2019-08-01,-3,11.66666698
2019-09-01,-7,10.33333302
2019-10-01,-2.333333254,10.66666698
2019-11-01,-1,13.66666698
2019-12-01,.6666666865,17.33333397
2020-01-01,4.333333492,17.66666603
2020-02-01,3,17.33333397
2020-03-01,5,9.666666985
2020-04-01,-17.66666603,-25.33333397
2020-05-01,-26,-47.33333206
2020-06-01,-24.66666603,-56.33333206
2020-07-01,-4.666666508,-31
2020-08-01,10.66666698,-12
2020-09-01,16,0
2020-10-01,21.33333397,7.666666508
2020-11-01,20.66666603,12
2020-12-01,17.66666603,8
2021-01-01,14.66666698,4
2021-02-01,15.33333302,-3.333333254
2021-03-01,16.33333397,2.666666746
2021-04-01,17,9.333333015
2021-05-01,18.33333397,21
2021-06-01,21.66666603,23.66666603
2021-07-01,24,23.66666603
2021-08-01,21,21
2021-09-01,11.66666698,13.66666698
2021-10-01,8.333333015,10.66666698
2021-11-01,8.666666985,7.333333492
2021-12-01,13,12
2022-01-01,11,11
2022-02-01,8,10.66666698
2022-03-01,7,8.666666985
2022-04-01,7,8
2022-05-01,2.666666746,5
2022-06-01,-3.666666746,.3333333433
2022-07-01,-6.666666508,-5
2022-08-01,-5.333333492,-8
2022-09-01,-2.666666746,-6.666666508
2022-10-01,-5,-6
2022-11-01,-6,-4
2022-12-01,-6.666666508,-8
2023-01-01,-6,-7.333333492
2023-02-01,-8.333333015,-7.333333492
2023-03-01,-9.666666985,-9
2023-04-01,-11.33333302,-14
2023-05-01,-10,-16.33333397
2023-06-01,-10,-13.33333302
2023-07-01,-9,-7
2023-08-01,-8,-2
2023-09-01,-3.666666746,2
2023-10-01,.3333333433,-1
2023-11-01,1,-2
2023-12-01,-4.333333492,-3.333333254
2024-01-01,-10.33333302,1.666666627
2024-02-01,-10.33333302,-4
2024-03-01,-10.33333302,-6.333333492
2024-04-01,-7.666666508,-12

Careers at the Fed

Life at the Richmond Fed

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