Each month, we ask Fifth District business owners about recent changes in economic conditions and their expectations.
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.
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.
Related Content
These posts examine local, regional and national data that matter to the Fifth District economy and our communities.
Updated weekly, this set of charts is used during policy discussions and meetings with our board of directors.
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