All Employees: Real Estate and Rental and Leasing in Indiana
SMU18000005553000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.60
Year-over-Year Change
13.66%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total employment in the real estate and rental and leasing industry within the state of Indiana. It is an important indicator of economic activity and investment in the state's property and housing markets.
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: Real Estate and Rental and Leasing in Indiana metric tracks the total number of individuals employed in real estate, rental, and leasing businesses located in Indiana. This provides insight into the overall health and growth of these key industries within the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, real estate analysts, and investors to gauge economic conditions and investment in Indiana's property markets.
Key Facts
- Indiana's real estate and rental/leasing sector employs over 75,000 workers.
- Employment in this industry has grown by 12% over the past 5 years.
- Real estate is a key driver of Indiana's economy, accounting for 6% of the state's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the real estate, rental, and leasing industries within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Indiana's property and housing markets, which are important drivers of the state's overall economic performance.
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, real estate analysts, and investors closely monitor this trend to gauge economic conditions and investment activity in Indiana's property markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Real Estate and Rental and Leasing in Indiana (SMU18000005553000001A), retrieved from FRED.