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Author:Mengedoth, Joseph 

Discussion Paper
Firms' Employment and Wage Outlook Going Into 2025

Every November, the Richmond Fed asks businesses a series of questions about their expectations for hiring, wage adjustments, and other employment-related topics. This year, in addition to the usual set of questions, we asked firms if they have reduced the size of their workforce over the past three months and what workforce decisions they would make if business conditions deteriorated in the next six months.Consistent with past results, most responding businesses expect to maintain or increase employee headcount over the next 12 months. However, there were some shifts in responses compared ...
Regional Matters

Journal Article
State and Metropolitan Area Data, Q4:17

Econ Focus , Issue 2Q , Pages 36-39

Discussion Paper
Eyes on the Roads (and Bridges) in the Fifth District

Regional Matters

Journal Article
DISTRICT DIGEST Show and TEL: Are Tax and Expenditure Limitations Effective?

Econ Focus , Issue 2Q , Pages 36-39

Discussion Paper
How Does USDA Funding Flow into the Fifth District?

Federal funding for economic and community development in rural communities is distributed across over 400 programs. But one agency is technically charged with directing rural policy: the US Department of Agriculture (USDA). In a fragmented federal funding landscape, USDA Rural Development (RD) is the largest source of federal funding for rural economic and community development. To understand how changes to USDA funding might flow through to national and Fifth District communities, it's important to understand where money has gone in the past. How much money are we talking about when we talk ...
Regional Matters

Discussion Paper
How Many Businesses in the Fifth District are Minority-Owned?

Regional Matters

Discussion Paper
Regional Job Openings and Quits Rates Jolt to New Highs

Regional Matters

Journal Article
Definitions Matter: The Rural-Urban Dichotomy

District Digest article titled: Definitions Matter: The Rural-Urban Dichotomy
Econ Focus , Issue 3Q , Pages 28-31

Discussion Paper
Lagging Labor Force Participation in Maryland and Virginia

By July 2022, the U.S. had officially regained the jobs lost in the pandemic, the unemployment rate matched its pre-pandemic low, and the size of the labor force (the sum of employed and unemployed looking for work) was almost back to its pre-pandemic level. The same was true for many states in the Fifth District. Maryland, Virginia, and West Virginia had recovered nearly all the jobs lost in February and March of 2020, while North and South Carolina had more than fully recovered. Unemployment rates were at or below pre-pandemic rates across much of the Fifth District as well.
Regional Matters

Discussion Paper
What Businesses are Saying About the COVID Crisis

While the majority of businesses surveyed have suffered some negative effects and loss of revenue as result of the COVID-19 crisis, most firms remained open and operating, at least partially, when surveyed.While the majority of businesses surveyed have suffered some negative effects and loss of revenue as result of the COVID-19 crisis, most firms remained open and operating, at least partially, when surveyed.
Regional Matters

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