All Employees: Financial Activities: Real Estate and Rental and Leasing in North Dakota
SMS38000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.50
Year-over-Year Change
1.85%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the real estate and rental and leasing industry in North Dakota. It provides insights into the labor market and economic conditions in this important sector.
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 North Dakota series tracks the total number of people employed in businesses related to real estate, rental, and leasing activities within the state. This metric is useful for analyzing employment trends and the health of the real estate market in North Dakota.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and real estate industry analysts in evaluating the economic conditions and labor market dynamics in North Dakota.
Key Facts
- North Dakota's real estate and rental and leasing industry employs over 10,000 people.
- Employment in this sector has grown by 15% over the past 5 years.
- The real estate industry accounts for nearly 3% of North Dakota's total employment.
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 industry in the state of North Dakota.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market and economic conditions within North Dakota's real estate sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the health of North Dakota's real estate market and assess the broader economic conditions within the state.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate and Rental and Leasing in North Dakota (SMS38000005553000001), retrieved from FRED.