Chain-Type Quantity Index for Real GDP: Real Estate and Rental and Leasing (53) in Mississippi
MSRERENTLEAQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.00
Year-over-Year Change
7.59%
Date Range
1/1/2005 - 1/1/2025
Summary
The Chain-Type Quantity Index for Real GDP: Real Estate and Rental and Leasing (53) in Mississippi measures the real output of the real estate and rental and leasing sector in the state. This metric is crucial for understanding the state's economic performance and growth.
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 index tracks the real (inflation-adjusted) value of goods and services produced by the real estate and rental and leasing industry in Mississippi. It provides a measure of the sector's contribution to the state's overall gross domestic product.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index.
Historical Context
This metric is used by policymakers, analysts, and economists to assess the health and growth of Mississippi's real estate and rental markets.
Key Facts
- The index has a base year of 2012.
- The real estate and rental and leasing sector accounts for a significant portion of Mississippi's GDP.
- This metric is released quarterly by the U.S. Bureau of Economic Analysis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output of the real estate and rental and leasing sector in Mississippi, providing a gauge of the sector's contribution to the state's overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the performance and growth of Mississippi's real estate and rental markets, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using a chain-type quantity index methodology.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and economists use this metric to assess the health and growth of Mississippi's real estate and rental markets, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, with a typical delay of several months.
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Citation
U.S. Federal Reserve, Chain-Type Quantity Index for Real GDP: Real Estate and Rental and Leasing (53) in Mississippi (MSRERENTLEAQQGSP), retrieved from FRED.