All Employees: Financial Activities: Real Estate and Rental and Leasing in Minnesota
SMS27000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.50
Year-over-Year Change
-0.84%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic indicator tracks the total number of employees in the real estate and rental and leasing industries in Minnesota, providing insight into the state's labor market and broader economic conditions.
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 Minnesota series measures the total employment in these key economic sectors, which are important drivers of the state's economy. This data is used by policymakers, analysts, and businesses to assess economic performance and make informed decisions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring trends in this indicator can help inform policy decisions and business strategies related to Minnesota's real estate, rental, and leasing industries.
Key Facts
- Minnesota's real estate and rental and leasing industries employ over 100,000 people.
- Employment in these sectors has grown by 10% over the past 5 years.
- The real estate and rental and leasing industries account for over 3% of Minnesota's total employment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employees in the real estate and rental and leasing industries in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: Monitoring employment in these key economic sectors provides insight into Minnesota's broader economic conditions and can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the performance of Minnesota's real estate, rental, and leasing industries and make informed decisions about economic development and workforce policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months, 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 Minnesota (SMS27000005553000001), retrieved from FRED.