In early 1914, Richmond’s civic leaders launched a well-planned and effectively executed campaign to make their city one of twelve selected as sites for the newly established Federal Reserve Banks.

A heavy concentration of services characterizes the economy of the District of Columbia. Growth in the D.C. economy, although usually heavily insulated from the swings of the U.S. business cycle, varies in intensity and, sometimes, in direction. Now, a new monthly index of total production...

Profits at Fifth District commercial banks declined significantly during 1987. But the Fifth District decline pales in comparison with the dramatic fall in profitability for banks in the rest of the nation. Much of the decline in both Fifth District banks and throughout the nation was due to...

1984 was another strong year for Fifth District banks. Average return on assets, though slightly lower than in 1983, was still higher than the national average. This article, by David L. Mengle and John R. Walter, analyzes the factors affecting the profitability of District banks in 1984 to...

Gains from sales of securities and lower loan loss previsions helped bring higher profits to large Fifth District commercial banks in 1986. At the same time, small- and medium-sized bank profits fell slightly in the District from the previous year. As in the past few years, Fifth District banks...

A review of District banks’ 1989 financial measures, including net interest margin, loan and lease loss provision, noninterest income and expense, taxes, profits, and capital. In general, District banks outperformed banks nationally.

Reduced provisions for loan losses in 1988 boosted bank profits in the Fifth District and nationwide. Profit ratios also may have been influenced somewhat by subsidiary banks’ payment of management fees to their holding companies.

An abstract for this article is not available.

Monthly indexes of U.S. manufacturing output are not generally available for individual states or for specific regions of the country. In this article we present new monthly indexes of manufacturing output for the period 1979 through 1987 for the Fifth Federal Reserve District, its individual...