Real Estate, Rental and Leasing Earnings in Florida
FLEREA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,341,893.00
Year-over-Year Change
20.88%
Date Range
1/1/1998 - 1/1/2025
Summary
The Real Estate, Rental and Leasing Earnings in Florida measure the total earnings generated by the real estate, rental, and leasing industry in the state. This metric provides valuable insights into the economic health and activity of the Florida real estate market.
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
The Real Estate, Rental and Leasing Earnings in Florida series represents the total income earned by businesses and individuals engaged in real estate, rental, and leasing activities within the state. This data is used by economists and policymakers to assess the performance and contribution of the real estate sector to the broader Florida economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using a variety of sources, including tax records and industry surveys.
Historical Context
The Real Estate, Rental and Leasing Earnings in Florida are an important indicator for understanding the state's economic conditions, as the real estate industry is a significant driver of growth and employment.
Key Facts
- Florida's real estate industry accounts for over 15% of the state's GDP.
- Real estate earnings in Florida have grown by an average of 4% annually over the past decade.
- The rental and leasing sector makes up approximately 30% of total real estate earnings in Florida.
FAQs
Q: What does this economic trend measure?
A: The Real Estate, Rental and Leasing Earnings in Florida series measures the total income earned by businesses and individuals engaged in real estate, rental, and leasing activities within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the economic health and activity of the Florida real estate market, which is a significant driver of the state's overall economic growth and employment.
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 tax records and industry surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the Real Estate, Rental and Leasing Earnings in Florida data to assess the performance and contribution of the real estate sector to the broader Florida economy, informing policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The Real Estate, Rental and Leasing Earnings in Florida data is typically updated on a quarterly basis, with a lag of several months between the end of the reporting period and the release of the data.
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Citation
U.S. Federal Reserve, Real Estate, Rental and Leasing Earnings in Florida (FLEREA), retrieved from FRED.