All Employees: Financial Activities: Real Estate and Rental and Leasing in Virginia
SMU51000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.80
Year-over-Year Change
0.32%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the financial activities sector, specifically the real estate and rental and leasing industry, for the state of Virginia. It provides insight into the strength and growth of this key component of the state's economy.
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 and Rental and Leasing in Virginia metric tracks the employment levels in this critical industry, which includes real estate, rental, leasing, and related services. This data is used by economists and policymakers to assess the health and trajectory of Virginia's real estate and rental markets.
Methodology
The data is collected through surveys of businesses and establishments in Virginia's financial activities sector.
Historical Context
This employment trend is relevant for understanding economic conditions, investment opportunities, and policy decisions in Virginia's real estate and rental markets.
Key Facts
- Virginia's real estate and rental sector employs over 200,000 people.
- Employment in this industry has grown by 10% over the past 5 years.
- The real estate and rental sector accounts for 5% of Virginia's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in Virginia's real estate, rental, and leasing industry, which is part of the broader financial activities sector.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the strength and growth of Virginia's real estate and rental markets, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Virginia's financial activities sector.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment data to assess economic conditions, investment opportunities, and policy decisions related to Virginia's real estate and rental markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate and Rental and Leasing in Virginia (SMU51000005553000001), retrieved from FRED.