Gross Domestic Product: Real Estate and Rental and Leasing (53) in Indiana
INRERENTLEANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55,758.30
Year-over-Year Change
19.07%
Date Range
1/1/2005 - 1/1/2025
Summary
This trend measures the real gross domestic product (GDP) for the real estate and rental and leasing industry in Indiana. It is a key indicator of economic activity and performance in the state'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
The real estate and rental and leasing industry is a significant component of Indiana's economy. This data series tracks the inflation-adjusted GDP generated by this industry, providing insights into its overall economic contribution and performance over time.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting practices.
Historical Context
Policymakers and analysts use this trend to understand the health and dynamics of Indiana's real estate market and its broader economic implications.
Key Facts
- Indiana's real estate and rental and leasing industry accounts for a significant portion of the state's GDP.
- This trend has shown steady growth over the past decade, reflecting the strength of Indiana's real estate market.
- The data is adjusted for inflation, providing a more accurate measure of the industry's real economic contribution.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) generated by the real estate and rental and leasing industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the performance and contribution of Indiana's real estate sector to the state's overall economic activity, which is of interest to policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting practices.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand the health and dynamics of Indiana's real estate market and its broader economic implications, which can inform policy decisions and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and release timelines of the U.S. Bureau of Economic Analysis, which may result in occasional update delays.
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Citation
U.S. Federal Reserve, Gross Domestic Product: Real Estate and Rental and Leasing (53) in Indiana (INRERENTLEANQGSP), retrieved from FRED.