Real Estate, Rental and Leasing Earnings in Nebraska
NEEREA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,025,274.00
Year-over-Year Change
14.14%
Date Range
1/1/1998 - 1/1/2025
Summary
The Real Estate, Rental and Leasing Earnings in Nebraska measures the total earnings generated by this industry within the state. It provides valuable insights into the economic health and activity of Nebraska's real estate and rental markets.
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 series tracks the total compensation, including wages and salaries, earned by workers in Nebraska's real estate, rental, and leasing industries. It is an important indicator of the sector's performance and can help policymakers and analysts assess trends in housing, commercial real estate, and related economic activities.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis as part of its state-level personal income estimates.
Historical Context
Real estate earnings data is used by government agencies, economists, and market participants to monitor economic conditions and guide policy decisions.
Key Facts
- Nebraska's real estate earnings totaled $6.3 billion in 2021.
- The real estate sector accounts for over 5% of Nebraska's total personal income.
- Real estate earnings in Nebraska have grown by 20% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Real Estate, Rental and Leasing Earnings in Nebraska series measures the total earnings, including wages and salaries, generated by the real estate, rental, and leasing industries within the state.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the performance and economic contribution of Nebraska's real estate sector, which is a key driver of the state's economy. It is useful for policymakers, economists, and market participants to monitor trends in this industry.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis as part of its state-level personal income estimates.
Q: How is this trend used in economic policy?
A: Real estate earnings data is used by government agencies, economists, and market participants to monitor economic conditions and guide policy decisions related to housing, commercial real estate, and overall economic development in Nebraska.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so there may be delays in accessing the most recent information. Additionally, the series only covers the real estate, rental, and leasing industries at the state level, and does not provide more granular data on specific real estate activities or regions within Nebraska.
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Citation
U.S. Federal Reserve, Real Estate, Rental and Leasing Earnings in Nebraska (NEEREA), retrieved from FRED.