Rental of Miniwarehouses and Self-Storage Units Space for Lessors of Real Estate, All Establishments, Employer Firms
This dataset tracks rental of miniwarehouses and self-storage units space for lessors of real estate, all establishments, employer firms over time.
Latest Value
18060.00
Year-over-Year Change
76.13%
Date Range
1/1/2015 - 1/1/2022
Summary
This economic trend measures the rental space for miniwarehouses and self-storage units leased by real estate lessors. It provides insights into the demand for these facilities and the commercial real estate market.
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 of miniwarehouses and self-storage units is an important component of the broader real estate leasing industry. This data series tracks the total rental space for these facilities, offering economists and policymakers a view into the health and trends of this segment of the commercial real estate market.
Methodology
The data is collected through surveys of real estate lessors and employers.
Historical Context
This trend is closely watched by analysts to gauge commercial real estate activity and consumer storage demand.
Key Facts
- Rental space for miniwarehouses and self-storage units totaled over 1.7 billion square feet in 2021.
- This industry has seen steady growth over the past decade, reflecting rising consumer and business demand for storage.
- The self-storage sector is a key part of the broader commercial real estate market, valued at over $30 billion annually.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total rental space for miniwarehouses and self-storage units leased by real estate lessors in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial real estate market and consumer demand for storage facilities, which are important indicators of broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of real estate lessors and employers in the miniwarehouse and self-storage industry.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health of the commercial real estate sector and consumer spending patterns.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of several months, so it may not reflect the most recent market conditions.
Related News
U.S. Natural Gas Storage Increases Due to Market Dynamics
Navigating Market Volatility: U.S. Natural Gas Storage Strategies and Trends Understanding the dynamics of the U.S. natural gas storage sector is crucial as it plays a central role in shaping the energy market. The storage of natural gas is not just about logistics; it represents a strategic resource ensuring energy availability and stability in times of fluctuating supply and demand. Market volatility affects the price and availability of natural gas, and by extension, decisions regarding its
U.S. Stock Futures Stagnant Despite Positive Jobless Claims and GDP
Why US Stock Futures Remain Stagnant Despite Positive Economic Indicators The current investment landscape is puzzling for many as US stock futures struggle to show a definite trend despite favorable economic signals. These signals, such as jobless claims and Q2 GDP figures, suggest a healthy economy. Given the roles of the stock market and the Federal Reserve's decisions on rate hikes, it is surprising to witness this stagnation. Inflation trends and the Fed's signals about future policies pla
U.S. Home Sales Decline In August Due To High Prices
August 2023 U.S. Home Sales Decline Amid Rising Mortgage Rates and High Prices In August 2023, U.S. home sales experienced a notable decline, highlighting a distressing trend in the housing market. Homeownership is more costly these days. High home prices and soaring 30 year mortgage rates, combined with limited housing inventory, pose significant challenges for potential buyers and cast a shadow on economic recovery efforts. Many potential homebuyers find themselves increasingly priced out of
U.S. jobless claims decline to lowest level since mid-July
U.S. Jobless Claims Drop: A Positive Sign for Economic Growth The U.S. economy is signaling a positive turn as the initial jobless claims have dropped to their lowest level since mid-July, suggesting a more resilient labor market. This decline in jobless claims is not just a number; it reflects crucial dynamics in the U.S. economy and employment landscape. As people file fewer claims for unemployment benefits, it suggests a strengthening employment market and a recovering economy. Also, the cur
U.S. Trade Deficit Decreases As Businesses Anticipate Tariff Hikes
U.S. Trade Deficit Reaches Two-Year Low Amid Anticipated Tariff Hikes The recent announcement that the U.S. trade deficit has reached a two-year low signals significant developments for the national economy. This change may, in part, be influenced by the anticipation of tariff hikes, which are affecting trade patterns. As this event unfolds, it has implications for the U.S. GDP, underscoring the importance of reducing the trade deficit. Trade tensions have long shaped the global economic landsc
U.S. Treasury Yields Increase Amid Strong Economic Growth and Inflation Concerns
Treasury Yields Surge Amid Economic Growth and Inflation Concerns Treasury yields are surging as investors closely monitor the evolving U.S. economic landscape. Recent data 10-year Treasury yield. With economic growth on one side and inflation data on the other, it's essential to unpack these complex dynamics. By analyzing these factors, we gain insights into the Federal Reserve's role in shaping monetary policy and the consequential market implications. The Federal Reserve's policies, market v
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, Rental of Miniwarehouses and Self-Storage Units Space for Lessors of Real Estate, All Establishments, Employer Firms (LOREROMASUS45311), retrieved from FRED.