Real Gross Domestic Product: Real Estate and Rental and Leasing (53) in Louisiana
Quarterly, Seasonally Adjusted Annual Rate
LARERENTLEARQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,234.40
Year-over-Year Change
3.22%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic indicator measures the annualized quarterly growth rate of rental income from the U.S. farm sector. It provides insight into the financial health and investment trends within the agricultural industry.
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 Quarterly, Seasonally Adjusted Annual Rate of Farm Rental Income tracks the inflation-adjusted, annualized change in rental payments received by farm landowners. This data point is used by economists to gauge the profitability and investment activity in the agricultural sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Historical Context
Policymakers and industry analysts monitor this trend to understand broader economic conditions and decision-making within the farm economy.
Key Facts
- Farm rental income accounts for over $30 billion annually in the U.S. economy.
- Rental payments represent a major source of income for many farm landowners.
- This indicator has shown volatility in recent years due to fluctuating commodity prices.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the annualized quarterly growth rate of rental income received by owners of U.S. farmland.
Q: Why is this trend relevant for users or analysts?
A: Farm rental income is a key metric for understanding investment, profitability, and financial conditions in the agricultural sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this trend to gauge broader economic conditions and decision-making within the farm economy.
Q: Are there update delays or limitations?
A: This data series is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (LARERENTLEARQGSP), retrieved from FRED.