All Employees: Financial Activities: Real Estate and Rental and Leasing in Illinois
SMS17000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.40
Year-over-Year Change
0.37%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the financial activities sector, specifically focused on real estate and rental and leasing industries in Illinois. It provides important insights into the strength and dynamics of this key component of the state's economy.
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 Illinois series tracks the monthly employment levels in these related industries, which are vital for understanding economic conditions and growth in the state. This data is used by policymakers, analysts, and researchers to assess the health and trajectory of Illinois' real estate and rental markets.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists and policymakers to gauge the overall strength of Illinois' financial activities sector and its potential impact on the broader state economy.
Key Facts
- Illinois' real estate and rental/leasing sector employed over 280,000 workers as of the latest data.
- Employment in this sector has grown by 10% in Illinois over the past 5 years.
- The real estate industry accounts for over 40% of total financial activities employment in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the real estate and rental and leasing industries, which are part of the broader financial activities sector, within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the strength and dynamics of Illinois' real estate and rental markets, which are vital components of the state's economy. Policymakers and analysts use this information to assess economic conditions and growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by economists and policymakers to gauge the overall health of Illinois' financial activities sector and its potential impact on the broader state economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate and Rental and Leasing in Illinois (SMS17000005553000001), retrieved from FRED.