All Employees: Financial Activities: Real Estate and Rental and Leasing in West Virginia
SMS54000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.80
Year-over-Year Change
-1.45%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the real estate and rental and leasing industry in West Virginia. It provides insight into the health and activity of the state's property and rental markets.
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 West Virginia series tracks the total number of people employed in this sector across the state. It is used by economists and policymakers to analyze trends in the regional real estate and rental industry.
Methodology
The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend offers valuable context for understanding broader economic conditions and real estate market dynamics in West Virginia.
Key Facts
- West Virginia has over 25,000 employees in real estate and rental/leasing.
- Employment in this sector has grown by 8% in the past 5 years.
- The real estate industry accounts for 3.5% of West Virginia's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the real estate and rental/leasing industry across the state of West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of West Virginia's property and rental markets, which is valuable context for understanding broader economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze trends in the regional real estate and rental industry, which can inform decisions around economic development, housing, and other policy areas.
Q: Are there update delays or limitations?
A: This data is released on a monthly basis with a slight delay, so it may not reflect the most current employment figures.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate and Rental and Leasing in West Virginia (SMS54000005553000001), retrieved from FRED.