All Employees: Real Estate in Indiana
SMU18000005553100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.40
Year-over-Year Change
18.92%
Date Range
1/1/2002 - 1/1/2024
Summary
The 'All Employees: Real Estate in Indiana' series tracks monthly employment in the real estate industry within the state of Indiana. This data provides insight into the health and activity of the local housing and commercial property 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
This Bureau of Labor Statistics series measures the total number of employees in the real estate industry in Indiana, including real estate agents, brokers, property managers, and related roles. The data is used by economists and policymakers to monitor trends in the state's real estate sector and broader economic conditions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of businesses and government agencies.
Historical Context
Trends in real estate employment can signal changes in housing demand, commercial investment, and overall economic activity in Indiana.
Key Facts
- Indiana's real estate industry employs over 60,000 workers.
- Real estate jobs account for approximately 2% of total employment in the state.
- Employment in this sector has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of employees working in the real estate industry within the state of Indiana, including real estate agents, brokers, property managers, and related occupations.
Q: Why is this trend relevant for users or analysts?
A: Trends in real estate employment can provide insights into the health of the housing and commercial property markets in Indiana, as well as broader economic conditions within the state.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to monitor the real estate sector and assess the overall economic performance of Indiana.
Q: Are there update delays or limitations?
A: The data is published monthly with a slight delay, typically 4-6 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Real Estate in Indiana (SMU18000005553100001A), retrieved from FRED.