All Employees: Financial Activities: Real Estate and Rental and Leasing in Ohio
SMS39000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.40
Year-over-Year Change
4.17%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total employment in the real estate and rental and leasing industry in Ohio. It provides insight into the health and activity of the state's real estate sector, which is a key driver of economic growth.
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 Ohio metric tracks the number of people employed in this specific industry within the state. It offers a valuable indicator of real estate market conditions and broader economic performance.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, investors, and real estate professionals to gauge the strength of Ohio's economy.
Key Facts
- Ohio's real estate and rental and leasing industry employs over 200,000 people.
- Employment in this sector has grown by 10% over the past 5 years.
- The real estate industry accounts for 3.5% of Ohio's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment in the real estate and rental and leasing industry in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and activity of Ohio's real estate market, which is a key driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, investors, and real estate professionals to gauge the strength of Ohio's economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month delay.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate and Rental and Leasing in Ohio (SMS39000005553000001), retrieved from FRED.