All Employees: Real Estate and Rental and Leasing in Montana
SMU30000005553000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.70
Year-over-Year Change
31.37%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Real Estate and Rental and Leasing in Montana' trend measures employment in the real estate and rental/leasing industries within the state of Montana. It is an important economic indicator for tracking labor market conditions in this key 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 number of persons on nonfarm payrolls in the real estate and rental and leasing industry in Montana. It provides insight into the overall health and trends within the state's real estate and leasing-related businesses and services.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this trend to understand the broader state of Montana's economy and real estate market.
Key Facts
- Montana's real estate and rental/leasing industry employs over 12,000 workers.
- This sector makes up about 3% of total nonfarm employment in the state.
- Employment levels have grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of persons employed in the real estate and rental and leasing industry within the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: The real estate and leasing sector is an important part of Montana's economy, so tracking employment in this industry provides insight into broader economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand the health of Montana's real estate market and broader economic activity.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Real Estate and Rental and Leasing in Montana (SMU30000005553000001A), retrieved from FRED.