All Employees: Real Estate and Rental and Leasing in Hawaii
SMU15000005553000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the real estate and rental and leasing industry in Hawaii. It is a key indicator of economic activity and market conditions in the state's real estate sector.
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 Hawaii series tracks the total number of people employed in the real estate, rental, and leasing industry across the state. This metric provides insight into the health and growth of Hawaii's real estate market and related commercial activity.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess economic conditions and make informed decisions about the real estate and rental market in Hawaii.
Key Facts
- Hawaii's real estate and rental industry employs over 27,000 people.
- This trend has grown by 12% over the past 5 years.
- The real estate sector accounts for nearly 5% of Hawaii's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the real estate and rental and leasing industry across the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health and growth of Hawaii's real estate market, which is a key driver of the state's economy.
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 trend to assess economic conditions and make informed decisions about the real estate and rental market in Hawaii.
Q: Are there update delays or limitations?
A: This 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 Hawaii (SMU15000005553000001A), retrieved from FRED.