All Employees: Financial Activities: Real Estate in Utah
SMU49000005553100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.72
Year-over-Year Change
0.56%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the total number of employees in the real estate industry in Utah. It is an important indicator of the state's economic activity and real estate market conditions.
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 Utah metric measures the total number of employees working in the real estate industry across the state. This data helps economists and policymakers understand trends in the Utah real estate market and broader economic landscape.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers use this trend to monitor the health of Utah's real estate industry and inform decisions related to housing, construction, and economic development.
Key Facts
- Utah's real estate industry employs over 50,000 people.
- Real estate accounts for 6% of Utah's total employment.
- Employment in Utah's real estate sector has grown by 20% in the last 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the real estate industry across the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of Utah's real estate market, which is a key driver of the state's broader economic activity.
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 analysts use this trend to monitor the real estate industry in Utah and inform decisions related to housing, construction, and economic development.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay in the most recent figures.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Real Estate in Utah (SMU49000005553100001SA), retrieved from FRED.