Real Estate, Rental and Leasing Earnings in Colorado
COEREA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,690,538.00
Year-over-Year Change
-1.34%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Real Estate, Rental and Leasing Earnings in Colorado' trend measures the earnings generated by businesses in the real estate, rental, and leasing industries within the state of Colorado. This data provides insights into the economic health and activity within Colorado's real estate sector.
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 tracks total earnings, which include wages, salaries, and supplements, for the real estate, rental, and leasing industry in Colorado. It is an important indicator of economic performance and investment in the state's property market.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of sources, including surveys and administrative records.
Historical Context
Policymakers and economists analyze this trend to gauge the strength of Colorado's real estate industry and its contribution to the overall state economy.
Key Facts
- Colorado's real estate, rental, and leasing industry accounts for over 10% of the state's GDP.
- Real estate earnings in Colorado have grown by an average of 4% annually over the past decade.
- The COVID-19 pandemic had a significant impact on Colorado's real estate sector, with earnings declining by 7% in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Real Estate, Rental and Leasing Earnings in Colorado' trend measures the total earnings, including wages, salaries, and supplements, generated by businesses in the real estate, rental, and leasing industries within the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic health and activity of Colorado's real estate sector, which is a significant contributor to the state's overall economy. Analysts and policymakers use this data to assess investment, employment, and growth in the industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of sources, including surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to gauge the strength of Colorado's real estate industry and its contribution to the overall state economy, which informs policy decisions related to the housing market, construction, and investment.
Q: Are there update delays or limitations?
A: The data is typically released with a 3-month delay, and may be subject to revisions as more information becomes available. Additionally, the data only represents the real estate, rental, and leasing industry in Colorado, and does not include broader economic trends or activity outside of this specific sector.
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Citation
U.S. Federal Reserve, Real Estate, Rental and Leasing Earnings in Colorado (COEREA), retrieved from FRED.