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

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

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

Note: Q3 2026 data in the table reflect results for 463 to 506 U.S. firms responding to the Q3 2026 survey (Aug. 17 – Sept. 4, 2026). Results from the Q2 2026 survey (May 18 – June 5, 2026) are shown ...

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 ...

In general, CFOs were optimistic about the economic outlook, according to the third quarter 2026 CFO Survey. However, rising optimism among large companies was somewhat offset by declining optimism ...

Kickstart your career with our paid Internship Program as a student or recent college graduate. Gain real-world experience, build your resume and critical career skills and do meaningful, ...

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 ...

Using high-frequency interbank payments data to trace deposit flows in March 2023, we identify twenty-two bank runs — ten times the two bank failures. Runs are driven by relatively few but large ...