Out of balance
Kate Austin had a job waiting for her when she graduated last year from Christopher Newport University with a bachelor’s degree in business administration. “I love it,” she says about her work as a tax associate at Keiter, a certified public accounting firm in Henrico County. Unlike two of her friends, who are still looking […]
Fed’s Fifth District economy stays the course
Economic activity in the Federal Reserve’s Fifth District was little changed in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released March 6. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions gathered from the nation’s 12 Federal Reserve Banks. It is compiled from […]
Fed’s Fifth District economy sees mild expansion
Economic activity in the Federal Reserve‘s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) expanded mildly in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions[...]
Fed’s Fifth District economy grows slightly
The economy in the Federal Reserve‘s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) grew slightly in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions [&hellip[...]
Fed’s Fifth District economy shrinks slightly
The economy in the Federal Reserve’s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) contracted slightly in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions g[...]
Fed Fifth District economy shrinks slightly
The economy in the Federal Reserve‘s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has contracted slightly since March, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions g[...]
Va. labor market stayed strong in February
Virginia’s labor market remained strong in February, although growth is slowing, according to employment data from the Federal Reserve Bank of Richmond. Virginia had a net gain of 3,200 jobs in February. The Virginia state government employment was previously 12,000 jobs below the February 2020 level, but the state government nearly halved that deficit last […]
Fed’s Fifth District economy expands slightly
The economy in the Federal Reserve‘s Fifth District (a multistate region including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has expanded slightly since October, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. Published eight times per year, the Beige Book is based on anecdotal information about economic conditions g[...]
Branch builds career pipeline for girls
Women made up about 11% of the construction workforce in 2021, but that doesn’t mean they were all on site wearing a hard hat. That percentage includes women in office and administrative roles, positions more traditionally filled by females, according to the Institute for Women’s Policy Research. And so, many recruiters see women as an […]
Va. CEOs say labor shortages, inflation hurting business
Labor shortages and inflation are negatively impacting Virginia businesses, and expectations for sales, employment and capital spending are less positive than during the previous two quarters, according to the third quarter CEO Economic Outlook Survey by the University of Richmond’s Robins School of Business and the Virginia Council of CEOs (VACEOs). More than 80% of […]
Richmond Fed: Va. gained 8,000 jobs in Sept.
Virginia employers added 8,000 net jobs in September, marking the first month in which total employment has exceeded pre-pandemic levels, representatives from the Federal Reserve Bank of Richmond said Friday. While that’s good news, job recovery continues to be uneven across sectors, with employment in the transportation and warehousing sector exceeding pre-pandemic levels by 10.5% […[...]
Kings Dominion to remain open year-round
Kings Dominion will expand to year-round operations beginning in January, the Doswell theme park announced Tuesday. The park will now be open an additional nine weekends, or 18 more days, in January, February and early March. Historically, Kings Dominion opens for weekends in the spring and starts daily operations around Memorial Day, continuing through Labor […]