Real Estate, Rental and Leasing Wages and Salaries in Delaware
DEWREA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
477,708.00
Year-over-Year Change
19.03%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Real Estate, Rental and Leasing Wages and Salaries in Delaware' series measures the total wages and salaries paid to employees in the real estate, rental, and leasing industry in the state of Delaware. This metric is a key indicator of economic activity and labor market conditions in this important 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
This economic trend represents the total compensation, including wages and salaries, paid to workers employed in Delaware's real estate, rental, and leasing industries. It provides insight into the overall health and growth of this segment of the state's economy.
Methodology
The data is collected through surveys of businesses and establishments in Delaware.
Historical Context
Policymakers and analysts use this trend to assess the performance and outlook of Delaware's real estate and rental markets.
Key Facts
- Delaware's real estate and rental wages account for over 5% of total state GDP.
- The trend has shown steady growth of around 3% annually over the past decade.
- This data series is released quarterly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This series measures the total wages and salaries paid to employees working in the real estate, rental, and leasing industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and growth of a key sector of Delaware's economy, which can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments operating in Delaware's real estate, rental, and leasing industries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health and outlook of Delaware's real estate and rental markets, which can inform decisions on economic development, taxation, and other policies.
Q: Are there update delays or limitations?
A: This data series is released quarterly by the U.S. Federal Reserve, with a typical 2-month delay from the end of the reporting period.
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Citation
U.S. Federal Reserve, Real Estate, Rental and Leasing Wages and Salaries in Delaware (DEWREA), retrieved from FRED.