All Employees: Real Estate in Massachusetts
SMU25000005553100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.00
Year-over-Year Change
26.25%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the real estate industry in Massachusetts, adjusted for inflation. It provides insight into the health and activity of 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 in Massachusetts metric tracks the total number of people employed in real estate-related occupations across the state. This data series is a key indicator of economic conditions and real estate market trends in Massachusetts.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and real estate analysts use this data to monitor the strength of the Massachusetts real estate industry and inform decisions.
Key Facts
- Massachusetts has the 3rd largest real estate industry in the U.S.
- Real estate accounts for over 5% of the state's GDP.
- Employment in the sector has grown by 20% since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in real estate-related occupations across the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and activity of the Massachusetts real estate sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and real estate analysts use this data to monitor the strength of the Massachusetts real estate industry and inform decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
Related Trends
All Employees: Transportation and Utilities: Transit and Ground Passenger Transportation in Massachusetts
SMU25000004348500001
Regional Price Parities: All Items: Nonmetropolitan Portion for Massachusetts
MANMPRPPALL
Real Gross Domestic Product: Textile Mills and Textile Product Mills (313-314) in Massachusetts
MATEXTRGSP
Gross Domestic Product: Broadcasting (Except Internet) and Telecommunications (515, 517) in Massachusetts
MABRDTELENGSP
Average Hourly Earnings of All Employees: Education and Health Services in Massachusetts
SMU25000006500000003A
Housing Inventory: Median Listing Price Month-Over-Month in Massachusetts
MEDLISPRIMMMA
Citation
U.S. Federal Reserve, All Employees: Real Estate in Massachusetts (SMU25000005553100001A), retrieved from FRED.