All Employees: Financial Activities: Real Estate in Minnesota
SMU27000005553100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.74
Year-over-Year Change
-0.07%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities: Real Estate in Minnesota' trend measures the total number of persons employed in the real estate industry in the state of Minnesota. This metric is a key indicator of economic activity and labor market conditions within 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
This series tracks the total number of employees in the real estate, rental, and leasing industry in Minnesota. It provides insights into the overall health and growth of the state's real estate market, which is an important component of the broader financial services industry.
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 monitor the performance of Minnesota's real estate industry and its contribution to the state's economic output.
Key Facts
- Minnesota's real estate industry employs over 75,000 people.
- The real estate sector accounts for approximately 3% of Minnesota's total employment.
- Employment in Minnesota's real estate industry has grown by 10% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the real estate, rental, and leasing industry within the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: The real estate industry is an important component of Minnesota's economy, and this trend provides insights into the health and growth of this sector, which is relevant for policymakers, investors, and economic analysts.
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 monitor the performance of Minnesota's real estate industry and its contribution to the state's economic output, which can inform policy decisions and economic development strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical one-month lag between the reference period and the data publication.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate in Minnesota (SMU27000005553100001SA), retrieved from FRED.