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Richmond Fed: Va. gained 8,000 jobs in Sept.
Three jobs open for every unemployed person in state
Published
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.
Fifth District economy growth is moderate, Fed says
Rising fuel prices, labor and supply shortages limit growth
Published
The Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) continued to grow moderately despite supply chain issues, labor shortages and rising prices, according to
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Fed still likely to raise rates, despite Russia-Ukraine conflict
Richmond Fed president says board is keeping close eye on invasion
Published
Federal Reserve Bank of Richmond President and CEO Thomas Barkin said Thursday that he hopes to bring interest rates up to pre-pandemic levels “relatively quickly,” while noting that it’s hard
Roaring ’20s repeat possible, Richmond Fed president says
Barkin predicts goods inflation will ease as supply issues lessen
Published
Federal Reserve Bank of Richmond President and CEO Thomas Barkin said he could visualize another round of the “roaring ’20s,” he said Thursday during the Virginia Bankers Association/Virginia Chamber 2022
Fifth District economy has moderate growth, Fed says
Shortages in labor and supply continue to hamper growth
Published
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
Fed says Fifth District economy shows moderate growth
District includes Virginia, North Carolina, South Carolina, West Virginia and Maryland
Published
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
What stays and what goes
Richmond Fed CEO Tom Barkin weighs in on economic recovery
Published
With renewed hopes stemming from vaccine distribution, economists and business leaders are looking ahead toward recovery, including pandemic-induced changes that will stay and ways we’ll return to “normalcy.” While it’s