All Employees: Financial Activities: Real Estate and Rental and Leasing in Arizona
SMS04000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.40
Year-over-Year Change
1.34%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the financial activities sector, specifically in the real estate and rental and leasing industry, within the state of Arizona. It provides insights into the labor market dynamics of this important economic segment.
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 All Employees: Financial Activities: Real Estate and Rental and Leasing in Arizona series tracks the monthly employment levels in this industry, which includes businesses involved in real estate, property management, and equipment and vehicle rentals. This data is used by economists and policymakers to monitor the health and growth of the state's real estate and rental services sector.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by real estate investors, developers, and industry analysts to assess market conditions and inform business decisions.
Key Facts
- Arizona's real estate and rental sector employs over 80,000 workers.
- Employment in this industry has grown by 15% over the past 5 years.
- The real estate and rental sector accounts for 3.2% of Arizona's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the real estate and rental and leasing industry within the state of Arizona, which is part of the broader financial activities sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the labor market dynamics of Arizona's real estate and rental services industry, which is an important indicator of overall economic activity and business investment in the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to monitor the health and growth of Arizona's real estate and rental services sector, which informs decisions related to economic development, urban planning, and industry regulations.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate and Rental and Leasing in Arizona (SMS04000005553000001), retrieved from FRED.