All Employees: Real Estate and Rental and Leasing in Colorado
SMU08000005553000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.90
Year-over-Year Change
47.92%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Real Estate and Rental and Leasing in Colorado' trend tracks the total number of people employed in the real estate and rental/leasing industries within the state of Colorado. This data provides insights into the health and activity of these important economic 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 series measures the total number of non-farm payroll employees in the real estate and rental/leasing industries in Colorado. It is a key indicator of the level of economic activity and employment in these sectors, which are vital components of the state's overall economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this trend to assess the strength of Colorado's real estate and rental markets and their contribution to the broader state economy.
Key Facts
- Colorado's real estate and rental/leasing sector employs over 100,000 workers.
- This industry accounts for 3.5% of total non-farm employment in the state.
- Employment in this sector has grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-farm payroll employees working in the real estate and rental/leasing industries in the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and activity of Colorado's real estate and rental/leasing sectors, which are vital components of the state's overall 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: Economists and policymakers use this trend to assess the strength of Colorado's real estate and rental markets and their contribution to the broader state economy.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Real Estate and Rental and Leasing in Colorado (SMU08000005553000001A), retrieved from FRED.