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Fifth District economy has moderate growth, Fed says
The Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) saw modest growth but was constrained by supply issues and labor shortages, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. The Beige Book is published eight times per year and is based on anecdotal information gathered [&hellip[...]
Youngkin announces secretary of administration pick
Gov.-elect Glenn Youngkin has chosen former Federal Reserve System Chief Information Officer Margaret “Lyn” McDermid as the commonwealth’s secretary of administration. “Lyn will play a pivotal role in making Virginia’s government work for the people. Her vast experience will allow us to hit the ground running on Day One as we seek to revamp our […]
Fed says Fifth District economy sees moderate growth
The Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) saw modest growth in recent weeks, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. The Beige Book is published eight times per year and is based on anecdotal information gathered from the 12 Federal Reserve […]
Fed says Fifth District economy growing moderately
[wpdiscuz-feedback id=”z7qx6rb9ba” question=”Why?” opened=”0″]Amid the post-pandemic recovery[/wpdiscuz-feedback], the Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has been seeing moderate economic growth in recent weeks, according to the latest edition of the Federal Reserve’s Beig[...]
Fed says Fifth District economy shows moderate growth
The economy has grown “moderately” in recent weeks, with strong production increases, employment rising and consumer spending up in the Federal Reserve‘s Fifth District, which includes Virginia, North Carolina, South Carolina, West Virginia and Maryland, according to the latest edition of the Fed’s Beige Book, released Wednesday. The Beige Book, which is published eight times [&hel[...]
Why the Richmond Fed has zero Black Ph.D. economists
The Federal Reserve Bank of Richmond is one of only five Fed banks that employs zero Black Ph.D. economists, according to a New York Times report this week. Of the 12 Federal Reserve banks, seven employ only one or two Black Ph.D. economists, which Fed officials blame on lack of Black talent in the economics […]
Fed says Fifth District economy continues to improve, but activity remains low
The economy of the Fifth District of the Federal Reserve (which includes Virginia, North Carolina, South Carolina, West Virginia and Maryland) has continued to improve in recent weeks, but activity has remained below pre-pandemic levels in most industries, according to the latest edition of the Federal Reserve’s Beige Book, released Wednesday. The Beige Book is published […]
