All Employees: Financial Activities: Real Estate in Illinois
SMU17000005553100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.30
Year-over-Year Change
-1.92%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the real estate industry in Illinois. It provides insights into the strength and growth of the state's real estate sector, which is an important driver of economic activity.
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 in Illinois series tracks the total number of individuals employed in the real estate industry within the state of Illinois. This metric is used by economists and policymakers to assess the health and trajectory of the state's real estate market.
Methodology
The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the overall economic conditions and investment climate in Illinois.
Key Facts
- Illinois is the 5th largest state economy in the U.S.
- The real estate industry employs over 200,000 people in Illinois.
- Real estate accounts for approximately 13% of Illinois' GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the real estate industry within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the strength and growth of Illinois' 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 monthly surveys of businesses and households 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 assess the overall economic conditions and investment climate in Illinois.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate in Illinois (SMU17000005553100001), retrieved from FRED.