Why hike? The Federal Reserve has a dual mandate from Congress: price stability and maximum employment. The FOMC weighs each ...

How do states determine high-demand jobs? Fifth District states and jurisdictions have different approaches, but health care ...

Richmond Fed President Tom Barkin will speak to the CFA Society Baltimore on September 22, 2026, in Baltimore, Maryland.

The Federal Reserve has a dual mandate from Congress: price stability and maximum employment. To better understand how the regional economy is faring on both fronts, we regularly look to our wide ...

Fifth District manufacturing activity edged down in September, according to the most recent survey from the Federal Reserve Bank of Richmond. The composite manufacturing index dropped to −2 from 4 in ...

Fifth District non-manufacturing activity was flat in September, according to the most recent survey by the Federal Reserve Bank of Richmond. In September, the revenues index increased to 0 from −8, ...

Artificial intelligence (AI) is taking over — at least in the popular press, the equity market, podcasts, and, increasingly, economics research. Richmond Fed economists are no exception, with many of ...

The share of employed Americans who hold more than one job has climbed each year since its April 2020 low, peaking at 6.0 percent at the end of 2025 before easing to 5.5 percent by July 2026. The ...

Artificial intelligence (AI) is having a moment. In its Real-Time Population Survey, the St. Louis Fed found that 55 percent of people in the United States reported using AI as of August 2025.

Both demand and the labor market remained solid this past cycle, while businesses noted that cost pressures felt more widespread, squeezing businesses with limited pricing power. Each month, the ...

The Hornstein-Kudlyak-Lange Non-Employment Index (NEI) was 7.6 percent in August 2026, essentially unchanged from July 2026. The index decreased by 0.2 percentage point compared to August 2025. The ...