All Employees: Financial Activities: Rental and Leasing Services in Illinois
SMU17000005553200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.46
Year-over-Year Change
8.17%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the rental and leasing services industry in Illinois. It provides insight into the strength and growth of the local financial activities 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: Rental and Leasing Services in Illinois' series tracks the monthly employment levels in this important service-providing industry. It is a key indicator of economic conditions and trends in the state's finance and real estate markets.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts use this metric to assess the vitality of Illinois' rental and leasing services industry and its broader economic implications.
Key Facts
- Illinois has over 38,000 employees in rental and leasing services.
- This industry accounts for 2.5% of the state's total employment.
- Employment in this sector has grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the rental and leasing services industry in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of Illinois' finance and real estate markets, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to assess the vitality of Illinois' rental and leasing services industry and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Rental and Leasing Services in Illinois (SMU17000005553200001SA), retrieved from FRED.