All Employees: Real Estate and Rental and Leasing in the U.S. Virgin Islands
This dataset tracks all employees: real estate and rental and leasing in the u.s. virgin islands over time.
Latest Value
0.90
Year-over-Year Change
-18.18%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total employment in the real estate and rental and leasing industry in the U.S. Virgin Islands. It provides insight into the strength and growth of this critical sector of the territory's 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: Real Estate and Rental and Leasing in the U.S. Virgin Islands series tracks the total number of people employed in businesses related to real estate, rental, and leasing activities within the U.S. Virgin Islands. This metric helps economists and policymakers understand the performance and dynamics of this key industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by real estate investors, developers, and government officials as an indicator of economic activity and investment in the U.S. Virgin Islands.
Key Facts
- The U.S. Virgin Islands is a major tourist destination in the Caribbean.
- Real estate and rental and leasing is a key industry in the territory's economy.
- Employment in this sector has fluctuated with changes in tourism and development.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in businesses related to real estate, rental, and leasing activities within the U.S. Virgin Islands.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of the real estate and rental and leasing industry, which is a critical sector of the U.S. Virgin Islands' economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments 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 investors, developers, and government officials as an indicator of economic activity and investment in the U.S. Virgin Islands.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential limitations of the U.S. Bureau of Labor Statistics' surveys.
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Citation
U.S. Federal Reserve, All Employees: Real Estate and Rental and Leasing in the U.S. Virgin Islands (SMU78000005553000001A), retrieved from FRED.