Real Gross Domestic Product: Real Estate and Rental and Leasing (53) in Nebraska
NERERENTLEARGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,261.90
Year-over-Year Change
23.18%
Date Range
1/1/1997 - 1/1/2024
Summary
This economic trend measures the real gross domestic product (GDP) of the real estate and rental and leasing industry in Nebraska. It provides insight into the performance and growth of this key sector of the state's economy.
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 Gross Domestic Product: Real Estate and Rental and Leasing (53) in Nebraska series tracks the inflation-adjusted economic output of this industry, which includes activities related to real estate, rental, and leasing. It is a valuable indicator of the overall health and productivity of Nebraska's real estate market.
Methodology
The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the state's economic conditions and guide decision-making.
Key Facts
- Nebraska's real estate and rental/leasing industry accounts for a significant portion of the state's GDP.
- This trend has shown steady growth over the past decade, reflecting the strength of the local real estate market.
- The performance of this industry is closely tied to broader economic conditions in Nebraska.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real gross domestic product (GDP) of the real estate and rental and leasing industry in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the performance and growth of a key sector of Nebraska's economy, which is closely monitored by policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Economic Analysis using established national accounting principles.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to assess the state's economic conditions and guide decision-making.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedules and potential revisions as other economic indicators published by the U.S. Federal Reserve.
Related Trends
All Employees: Government: Local Government Educational Services in Nebraska
SMU31000009093161101SA
Gross Domestic Product: Support Activities for Mining (213) in Nebraska
NESAMINNGSP
State Government Tax Collections, Individual Income Taxes in Nebraska
NEINCTAX
Production or Nonsupervisory Employees: Manufacturing: Non-Durable Goods in Nebraska
SMU31000003200000006A
Real Gross Domestic Product: Pipeline Transportation (486) in Nebraska
NEPIPETRANRGSP
Real Gross Domestic Product: Construction (23) in Nebraska
NECONSTRQGSP
Citation
U.S. Federal Reserve, Real Gross Domestic Product: Real Estate and Rental and Leasing (53) in Nebraska (NERERENTLEARGSP), retrieved from FRED.