All Employees: Real Estate and Rental and Leasing in Delaware
SMU10000005553000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
11.11%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the real estate and rental and leasing industry in the state of Delaware. It is an important economic indicator for tracking the health and performance of the real estate sector in the state.
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: Real Estate and Rental and Leasing in Delaware metric tracks the total employment across real estate, rental, and leasing businesses in Delaware. This data provides insights into the overall activity and growth within the state's real estate industry, which is a key driver of economic growth and development.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and real estate market analysts to assess the condition of Delaware's real estate and housing sectors.
Key Facts
- Delaware's real estate and rental/leasing industry employed over 15,000 workers as of the latest data.
- Real estate and rental/leasing accounts for approximately 3% of total nonfarm employment in Delaware.
- Employment in this sector has grown by 8% in Delaware over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the real estate, rental, and leasing industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: The real estate and rental/leasing sector is a key component of Delaware's economy, and this data provides important insights into the health and activity of this industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and real estate market analysts closely monitor this trend to assess the condition of Delaware's real estate and housing sectors.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Real Estate and Rental and Leasing in Delaware (SMU10000005553000001A), retrieved from FRED.