Gross Domestic Product: Real Estate and Rental and Leasing (53) in Rhode Island
Quarterly, Seasonally Adjusted Annual Rate
RIRERENTLEANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,935.80
Year-over-Year Change
25.93%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the seasonally adjusted annualized rate of real gross private domestic investment in residential structures. It is a key indicator of housing market activity and economic 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
The real gross private domestic investment in residential structures (RIRERENTLEANQGSP) series represents investment in new single-family and multifamily housing units, residential improvements, and mobile homes. This metric is used by economists and policymakers to assess the health of the housing sector and broader economy.
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
Residential investment data informs Federal Reserve and government policy decisions related to housing, interest rates, and economic stimulus.
Key Facts
- Residential investment accounts for about 3-5% of GDP.
- Housing starts and permits are closely watched leading indicators.
- Residential investment is a volatile component of GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted annualized rate of real gross private domestic investment in residential structures, including new single-family and multifamily housing, residential improvements, and mobile homes.
Q: Why is this trend relevant for users or analysts?
A: Residential investment is a key indicator of housing market activity and a component of GDP. Economists and policymakers closely monitor this data to assess the health of the housing sector and broader economy.
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: Residential investment data informs Federal Reserve and government policy decisions related to housing, interest rates, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short lag, providing timely insights into the residential investment component of the economy.
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Citation
U.S. Federal Reserve, Real Gross Private Domestic Investment: Residential (RIRERENTLEANQGSP), retrieved from FRED.