All Employees: Financial Activities: Real Estate in Massachusetts
SMU25000005553100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.38
Year-over-Year Change
1.18%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the real estate industry in Massachusetts. It provides insight into the health and activity of the state's real estate sector, which is an important part of the local economy.
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 in Massachusetts series tracks the total number of people employed in the real estate industry across the state. This metric helps economists and policymakers monitor trends in the state's real estate market and understand its broader economic implications.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by real estate professionals, investors, and government officials to gauge the strength of the Massachusetts housing and commercial property markets.
Key Facts
- Massachusetts has the 3rd largest real estate industry in the U.S.
- Real estate accounts for over 6% of the state's total employment.
- The industry has added over 15,000 jobs in Massachusetts since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the real estate industry across the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of Massachusetts' real estate sector, which is an important part of the state's overall economy.
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: This employment trend is closely watched by real estate professionals, investors, and government officials to gauge the strength of the Massachusetts housing and commercial property markets.
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: Financial Activities: Real Estate in Massachusetts (SMU25000005553100001SA), retrieved from FRED.