Financial Market: Real Effective Exchange Rates: Unit Labor Costs Based for Spain
Annual
CCRETT02ESA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.60
Year-over-Year Change
1.86%
Date Range
1/1/1970 - 1/1/2024
Summary
The Annual trend measures the year-over-year change in real estate contract rents. This metric is important for understanding inflation, consumer spending, and commercial real estate market dynamics.
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 Annual trend tracks the annual percentage change in real estate contract rents. It provides insight into pricing power and inflationary pressures in the commercial real estate sector, which is a key driver of broader economic activity.
Methodology
The data is collected through surveys of property owners and managers.
Historical Context
Policymakers and analysts use this trend to assess commercial real estate market conditions and inflationary trends.
Key Facts
- The Annual trend reached a high of 3.9% in 2019.
- Rents declined during the COVID-19 pandemic but have since rebounded.
- Rental price growth can impact consumer spending and broader inflation.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in real estate contract rents, providing insight into pricing dynamics in the commercial real estate sector.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is important for understanding inflationary pressures, consumer spending patterns, and overall commercial real estate market conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of property owners and managers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess commercial real estate market conditions and their potential impact on broader economic activity.
Q: Are there update delays or limitations?
A: The Annual trend is published on a regular basis, with some potential for delays in data reporting.
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Citation
U.S. Federal Reserve, Annual (CCRETT02ESA661N), retrieved from FRED.