Real Estate, Rental and Leasing Earnings in Massachusetts
MAEREA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,884,154.00
Year-over-Year Change
3.66%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Real Estate, Rental and Leasing Earnings in Massachusetts' trend measures the total earnings for the real estate, rental, and leasing sector in Massachusetts. This data provides insight into the economic performance of a key industry in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total earnings, including wages and salaries, of workers in the real estate, rental, and leasing industry in Massachusetts. It is a useful indicator of economic activity and growth in this important sector.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses.
Historical Context
Policymakers and analysts use this trend to gauge the health and competitiveness of Massachusetts' real estate markets.
Key Facts
- Massachusetts has a large and diverse real estate industry.
- Earnings in this sector account for a significant portion of the state's GDP.
- The trend has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total earnings, including wages and salaries, of workers in the real estate, rental, and leasing industry in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the economic performance of a key industry in Massachusetts, which is useful for policymakers and analysts monitoring the state's overall economic health and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses in the real estate, rental, and leasing industry.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the health and competitiveness of Massachusetts' real estate markets, which can inform economic development strategies and policies.
Q: Are there update delays or limitations?
A: There may be some delay in the release of this data, as it is collected through business surveys by the government. Additionally, the data may not capture all economic activity in the sector.
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Citation
U.S. Federal Reserve, Real Estate, Rental and Leasing Earnings in Massachusetts (MAEREA), retrieved from FRED.