Real Gross Domestic Product: Real Estate and Rental and Leasing (53) in Utah
Quarterly, Seasonally Adjusted Annual Rate
UTRERENTLEARQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,663.70
Year-over-Year Change
14.51%
Date Range
1/1/2005 - 1/1/2025
Summary
This series measures the quarterly, seasonally adjusted annual rate of U.S. real rental income, which is an important indicator of consumer spending and real estate market trends.
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
Real rental income represents the inflation-adjusted net income earned by landlords and property owners. It is a key macroeconomic metric used by policymakers and analysts to assess consumer demand, housing market dynamics, and the broader state of the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA).
Historical Context
Trends in real rental income provide insights into consumer behavior, inflation pressures, and the broader health of the real estate sector.
Key Facts
- Real rental income accounts for about 5% of U.S. gross domestic product (GDP).
- The series has exhibited steady growth over the past decade.
- Rental income is an important component of personal income and household wealth.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, seasonally adjusted annual rate of real rental income in the United States.
Q: Why is this trend relevant for users or analysts?
A: Rental income is a key indicator of consumer spending, housing market dynamics, and the broader state of the economy, making this metric highly relevant for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis (BEA) as part of the National Income and Product Accounts (NIPA).
Q: How is this trend used in economic policy?
A: Trends in real rental income provide insights into consumer behavior, inflation pressures, and the health of the real estate sector, which are important considerations for monetary and fiscal policymakers.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of 2-3 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (UTRERENTLEARQGSP), retrieved from FRED.