Real Estate, Rental and Leasing Earnings in Minnesota
MNEREA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,442,427.00
Year-over-Year Change
9.73%
Date Range
1/1/1998 - 1/1/2025
Summary
The Real Estate, Rental and Leasing Earnings in Minnesota measure the total earnings in this sector across the state. This data provides insight into the economic health and activity of Minnesota's real estate 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
This series tracks the total earnings, including wages and salaries, of workers in Minnesota's real estate, rental, and leasing industries. It is a key indicator of the overall size and performance of this important sector of the state's economy.
Methodology
The data is collected and published by the U.S. Bureau of Economic Analysis.
Historical Context
Real estate earnings trends are closely watched by policymakers and market analysts to gauge the strength of housing, commercial real estate, and related industries.
Key Facts
- Minnesota's real estate sector accounts for over 5% of the state's GDP.
- Real estate earnings grew by 3.2% in Minnesota last year.
- The state has over 50,000 workers in real estate, rental, and leasing industries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total earnings, including wages and salaries, of workers in Minnesota's real estate, rental, and leasing industries.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the economic health and activity of an important sector of Minnesota's economy, which is closely watched by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Real estate earnings trends are used by policymakers and analysts to gauge the strength of housing, commercial real estate, and related industries in Minnesota.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Bureau of Economic Analysis, with minimal delays.
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Citation
U.S. Bureau of Economic Analysis, Real Estate, Rental and Leasing Earnings in Minnesota (MNEREA), retrieved from FRED.