All Employees: Financial Activities: Real Estate and Rental and Leasing in Connecticut
SMS09000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.80
Year-over-Year Change
0.51%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend tracks the total number of employees in the financial activities industry, specifically in the real estate and rental and leasing sector, within the state of Connecticut. It provides insight into the health and growth of this important economic segment.
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 All Employees: Financial Activities: Real Estate and Rental and Leasing in Connecticut metric measures the total number of workers employed in the real estate and rental and leasing industries, which are part of the broader financial activities sector, within the state of Connecticut. This data point is used by economists and policymakers to gauge the overall strength and dynamics of Connecticut's real estate and related financial services markets.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in this metric are closely monitored by government agencies, financial institutions, and real estate industry stakeholders to inform economic policy and business decisions.
Key Facts
- Connecticut's real estate and rental/leasing sector employed over 50,000 workers as of the latest data.
- This industry accounts for around 3% of total employment in the state.
- Employment in this sector has grown by over 10% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the real estate and rental and leasing industries, which are part of the broader financial activities sector, within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Connecticut's real estate and related financial services markets, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in this metric are closely monitored by government agencies, financial institutions, and real estate industry stakeholders to inform economic policy and business decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with occasional revisions and delays typical of economic statistics.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate and Rental and Leasing in Connecticut (SMS09000005553000001), retrieved from FRED.