Real Estate, Rental and Leasing Earnings in Louisiana
LAEREA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,756,854.00
Year-over-Year Change
4.47%
Date Range
1/1/1998 - 1/1/2025
Summary
This trend measures the earnings in the real estate, rental, and leasing industry in Louisiana. It provides insights into the economic performance and health of this key 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, Rental and Leasing Earnings in Louisiana indicator tracks the total earnings of workers in this industry across the state. It serves as an important barometer for the overall strength of the real estate market and related economic activities.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is closely monitored by policymakers, investors, and industry analysts to gauge the vitality of Louisiana's real estate and rental markets.
Key Facts
- Louisiana's real estate, rental and leasing industry accounts for over 5% of the state's GDP.
- Earnings in this sector have grown by 12% over the past 5 years.
- The industry employs more than 80,000 people in Louisiana.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total earnings of workers in the real estate, rental, and leasing industry across the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and performance of a key sector of Louisiana's economy, making it relevant for policymakers, investors, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers to gauge the vitality of Louisiana's real estate and rental markets, which can inform economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may be subject to revisions by the source agency.
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Citation
U.S. Federal Reserve, Real Estate, Rental and Leasing Earnings in Louisiana (LAEREA), retrieved from FRED.