Total Revenue for Mortgage and Nonmortgage Loan Brokers, All Establishments, Employer Firms
This dataset tracks total revenue for mortgage and nonmortgage loan brokers, all establishments, employer firms over time.
Latest Value
13392.00
Year-over-Year Change
112.00%
Date Range
1/1/2009 - 1/1/2022
Summary
This economic trend measures the total revenue for mortgage and nonmortgage loan brokers across all U.S. employer firms. It provides insight into the financial health and activity of the loan brokerage industry.
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 total revenue for mortgage and nonmortgage loan brokers is a key indicator of lending and financial services activity. It tracks the overall sales and income generated by firms that connect borrowers with lenders, an important function in housing and consumer credit markets.
Methodology
The data is collected through the U.S. Census Bureau's Annual Business Survey of employer firms.
Historical Context
This trend is used by economists, policymakers, and market analysts to monitor the lending industry and assess broader economic conditions.
Key Facts
- The data is reported on an annual basis.
- Loan brokers earned over $60 billion in total revenue in 2021.
- Revenue has fluctuated significantly over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue earned by mortgage and nonmortgage loan brokers across all U.S. employer firms.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the financial health and activity of the lending brokerage industry, which is an important part of housing and consumer credit markets.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Annual Business Survey of employer firms.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts use this trend to monitor the lending industry and assess broader economic conditions.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, so there may be a delay in the most recent figures.
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Citation
U.S. Federal Reserve, Total Revenue for Mortgage and Nonmortgage Loan Brokers, All Establishments, Employer Firms (REVEF52231ALLEST), retrieved from FRED.