All Employees: Real Estate and Rental and Leasing in Arkansas
SMU05000005553000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.40
Year-over-Year Change
16.67%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Real Estate and Rental and Leasing in Arkansas' trend measures employment in the real estate and rental/leasing industries within the state of Arkansas. This provides valuable insight into the economic health and activity of these key sectors.
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 economic indicator tracks the total number of non-farm employees working in real estate, rental, and leasing businesses located in Arkansas. It is an important measure of the state's commercial property market and service-based economic activity.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to gauge the momentum and direction of Arkansas' real estate and rental/leasing industries.
Key Facts
- Arkansas has over 30,000 real estate and rental/leasing employees.
- This sector accounts for nearly 3% of the state's total non-farm employment.
- Employment has grown by over 10% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of non-farm employees working in real estate, rental, and leasing businesses located in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This provides valuable insight into the economic health and activity of these key service-based industries within the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this to gauge the momentum and direction of Arkansas' real estate and rental/leasing sectors.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Real Estate and Rental and Leasing in Arkansas (SMU05000005553000001A), retrieved from FRED.