Real Estate, Rental and Leasing Earnings in Oregon
OREREA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,808,581.00
Year-over-Year Change
0.00%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Real Estate, Rental and Leasing Earnings in Oregon' trend measures the total earnings generated by this key industry sector in the state. It provides important insights into the health and growth of Oregon'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 economic indicator tracks the total wages, salaries, and supplements paid to workers in Oregon's real estate, rental, and leasing industries. It represents a crucial component of the state's service-based economy and can signal broader trends in commercial and residential property markets.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and industry analysts monitor this trend to assess economic conditions and the impact of factors like mortgage rates, construction activity, and consumer demand.
Key Facts
- Oregon's real estate and rental sector accounts for over 6% of the state's GDP.
- Earnings in this industry have grown by 25% over the past decade.
- The COVID-19 pandemic led to a temporary decline in real estate earnings in Oregon.
FAQs
Q: What does this economic trend measure?
A: The 'Real Estate, Rental and Leasing Earnings in Oregon' indicator tracks the total wages, salaries, and supplements paid to workers in these key industries across the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and growth of Oregon's real estate, rental, and leasing markets, which are crucial components of the state's service-based economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this trend to assess economic conditions and the impact of factors like mortgage rates, construction activity, and consumer demand.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several months, so it may not fully reflect the most recent economic developments.
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Citation
U.S. Federal Reserve, Real Estate, Rental and Leasing Earnings in Oregon (OREREA), retrieved from FRED.