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Regional Economic Snapshot

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Regional Economic Snapshot

This update on the Fifth District economy includes timely analysis of labor market, housing, and other conditions at the state and metro area level.

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Snapshot By State


District of Columbia


Payroll employment in the District of Columbia declined by 800 jobs (0.1 percent) in February. The unemployment rate edged up 0.1 percentage point to 5.4 percent.


Maryland


Payroll employment in Maryland increased by 3,400 jobs (0.1 percent) in February. The unemployment rate was unchanged at 3.0 percent.


North Carolina


Payroll employment in North Carolina increased by 10,200 jobs in February (0.2 percent). The unemployment rate remained unchanged at 3.7 percent.


South Carolina


Payroll employment in South Carolina declined slightly in February, losing 500 jobs (0.0 percent). The unemployment rate is currently at 4.2 percent, declining slightly by 0.1 percentage points.


Virginia


Payroll employment in Virginia declined by 1,000 jobs (0.0 percent) in February. The unemployment rate edged up slightly to 3.1 percent.


West Virginia


Payroll employment in West Virginia increased by 3,300 jobs (0.5 percent) in February. The unemployment rate declined by 0.1 percentage point to 3.9 percent.


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Updated weekly, this set of charts is used during policy discussions and meetings with our board of directors.

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