New Econ Focus Out Now

This issue explores artificial intelligence investments, pharmaceutical onshoring in the Fifth District, and more.

Application Accepted: Business Formation Boom Continues

"The Richmond Fed Success Rate is a measure of student success that takes into consideration the unique way that community colleges help their students find success and tries to capture pathways that traditional metrics might exclude."

Davy Sell

Research Analyst

Speaking of the Economy Podcast, Tracking Pathways to Success at Community Colleges

Listen to the episode >

Events Calendar

May 12, 2026

District Dialogues: Understanding the K-Shaped Economy

2:30 p.m. – 5 p.m. ET

Richmond Office
Richmond, VA and Virtual

June 24, 2026

2026 State of Small Business Symposium

1 p.m. – 1:15 p.m. ET

Federal Reserve Bank of Cleveland
Cleveland, OH

June 25, 2026

Place-Based Strategies: Strengthening Rural Economies Through Investment

3 p.m. – 4:30 p.m.

Virtual

View More Events

Who We Are and What We Do

As a regional Reserve Bank, the Richmond Fed works to strengthen the economy and the Fifth District communities we serve by helping to carry out the day-to-day operations of the Fed. Here's how we do it:

Keep Cash and Payments Flowing

We help keep the country’s electronic payment system running and make sure banks have enough cash and coin to do business.

Represent the Regional Economy

We represent our region in national monetary policy discussions that aim to keep prices and employment stable.

Engage in Our Local Communities

We listen and learn from regional voices, and we provide economic education and community development resources in support of a stronger economy for all.

Contribute Specialized Knowledge

We share our unique expertise with the Federal Reserve System, like the work we do to understand and uplift the economies of rural areas and small towns.

By the Numbers

61.7

was the average rating CFOs gave when asked between Feb. 17 and Mar. 5 to rate optimism about the overall U.S. economy on a scale from 0 to 100, improving slightly from 60.3 in the fourth quarter of 2025.

See more results from the CFO Survey >