All Employees: Financial Activities: Real Estate and Rental and Leasing in Illinois
SMU17000005553000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.10
Year-over-Year Change
1.59%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the financial activities sector, specifically focused on the real estate and rental and leasing industry in Illinois. It provides insight into the labor market conditions and economic activity within this important industry.
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 Illinois metric tracks the monthly employment levels in this key component of the state's economy. This data is used by economists, policymakers, and industry analysts to assess the health and trends within the real estate and related sectors.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend offers crucial insights for understanding the Illinois real estate market and its broader economic implications.
Key Facts
- Illinois is a major hub for real estate and rental and leasing activity.
- Employment in this sector has fluctuated with broader economic conditions.
- Tracking this trend helps monitor the strength of the Illinois real estate market.
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 within the broader financial activities sector in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the labor market and economic conditions within a key component of Illinois' economy, helping analysts and policymakers assess the health and trends in the real estate industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend offers crucial insights for understanding the Illinois real estate market and its broader economic implications, informing decisions by policymakers, economists, and industry stakeholders.
Q: Are there update delays or limitations?
A: The data is subject to the typical release schedule and potential revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate and Rental and Leasing in Illinois (SMU17000005553000001), retrieved from FRED.