Real Estate, Rental and Leasing Earnings in Maryland
MDEREA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,481,423.00
Year-over-Year Change
7.93%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Real Estate, Rental and Leasing Earnings in Maryland' trend measures the total earnings from the real estate, rental, and leasing industry in the state of Maryland. This metric is important for economists and policymakers to assess the health and growth of Maryland'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 represents the total earnings, including wages and salaries, of workers in the real estate, rental, and leasing industry in the state of Maryland. It provides insight into the overall economic activity and performance of this critical sector, which is a key driver of state and local economies.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of its state-level personal income and employment statistics.
Historical Context
Policymakers and market analysts use this trend to evaluate the strength of Maryland's real estate market and its contribution to the state's overall economic performance.
Key Facts
- Maryland's real estate, rental, and leasing industry accounts for over 5% of the state's total earnings.
- Real estate earnings in Maryland have grown by an average of 3.2% annually over the past decade.
- The real estate sector is the fourth-largest contributor to Maryland's gross state product.
FAQs
Q: What does this economic trend measure?
A: The 'Real Estate, Rental and Leasing Earnings in Maryland' trend measures the total earnings, including wages and salaries, of workers in the real estate, rental, and leasing industry in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into the overall health and performance of Maryland's real estate sector, which is a key driver of the state's economy. It is used by policymakers and market analysts to evaluate the strength of the real estate market and its contribution to the state's economic growth.
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 its state-level personal income and employment statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the strength of Maryland's real estate market and its impact on the state's overall economic performance. This information can inform policy decisions related to housing, development, and economic growth.
Q: Are there update delays or limitations?
A: The 'Real Estate, Rental and Leasing Earnings in Maryland' data is typically published by the U.S. Bureau of Economic Analysis with a lag of several months. There may also be revisions to the historical data over time as more information becomes available.
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Citation
U.S. Federal Reserve, Real Estate, Rental and Leasing Earnings in Maryland (MDEREA), retrieved from FRED.