Rental and Leasing of Office and Professional Space for Lessors of Real Estate, All Establishments, Employer Firms
LORERALOOAP45311 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,363.00
Year-over-Year Change
41.25%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures the revenue from renting and leasing office and professional spaces by real estate lessors. It provides insight into the health of the commercial real estate market and demand for office space.
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 Rental and Leasing of Office and Professional Space for Lessors of Real Estate, All Establishments, Employer Firms trend tracks the monthly revenue from renting and leasing office and professional spaces by real estate companies. It is an important indicator of commercial real estate activity and can signal changes in business and consumer confidence.
Methodology
The data is collected through surveys of real estate lessors by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by economists, real estate analysts, and policymakers to gauge the strength of the commercial property market.
Key Facts
- The series has been published since 1992.
- Revenues peaked in 2019 before declining during the COVID-19 pandemic.
- The trend is a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly revenue from renting and leasing office and professional spaces by real estate companies and lessors.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health of the commercial real estate market and overall business activity, making it an important indicator for economists, real estate professionals, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate lessors by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and analysts to gauge the strength of the commercial property market and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and can be subject to revisions over time.
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Citation
U.S. Census Bureau, Rental and Leasing of Office and Professional Space for Lessors of Real Estate, All Establishments, Employer Firms (LORERALOOAP45311), retrieved from FRED.