All Employees: Leisure and Hospitality in Delaware
DELEIHN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.20
Year-over-Year Change
0.68%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Leisure and Hospitality in Delaware' trend measures employment in the leisure and hospitality sector of Delaware's economy. This metric is important for economists and policymakers to assess the strength of the service industry and consumer demand.
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 data series tracks the total number of employees in the leisure and hospitality sector in the state of Delaware. It provides insight into the health and growth of industries like hotels, restaurants, arts, entertainment, and recreation, which are crucial to Delaware's economy.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to gauge the overall economic conditions and consumer spending patterns in Delaware.
Key Facts
- Delaware's leisure and hospitality sector employs over 50,000 people.
- The industry accounts for nearly 10% of Delaware's total employment.
- Employment in this sector has grown by 20% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the leisure and hospitality sector in the state of Delaware, including jobs in hotels, restaurants, arts, entertainment, and recreation.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into the strength of Delaware's service industry and consumer demand, which are crucial to the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of Delaware's economy and make informed decisions regarding economic development, workforce planning, and consumer spending initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality in Delaware (DELEIHN), retrieved from FRED.