All Employees: Financial Activities: Real Estate and Rental and Leasing in Utah
SMS49000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.00
Year-over-Year Change
-2.83%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the real estate and rental and leasing industries in Utah. It provides insights into the strength and growth of these critical sectors within 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 Utah metric tracks the number of individuals employed in the real estate, rental, and leasing industries across the state. It is a key indicator of economic activity and investment in these sectors.
Methodology
This data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to monitor the health and dynamics of Utah's real estate, rental, and leasing industries.
Key Facts
- Utah's real estate and rental/leasing sector employs over 100,000 people.
- This industry has grown by 20% in the past 5 years.
- Real estate is a key driver of Utah's economy, accounting for 10% of state GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the real estate, rental, and leasing industries across the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength and growth of these critical sectors within Utah's economy, which are important for policymakers and businesses to monitor.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the health and dynamics of Utah's real estate, rental, and leasing industries, which are important contributors to the state's overall economic performance.
Q: Are there update delays or limitations?
A: This data is published monthly by the U.S. Bureau of Labor Statistics, with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate and Rental and Leasing in Utah (SMS49000005553000001), retrieved from FRED.