All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Alabama
SMS01000007071000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.50
Year-over-Year Change
-2.60%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the arts, entertainment, and recreation industry in Alabama. It provides insights into the state's leisure and hospitality sector, which is an important driver of economic activity.
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: Leisure and Hospitality: Arts, Entertainment, and Recreation in Alabama data series tracks the employment levels in this key industry, offering valuable information about the state's economic conditions and workforce trends.
Methodology
The data is collected through monthly surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of Alabama's tourism and recreational economy.
Key Facts
- Alabama's arts, entertainment, and recreation industry employs over 50,000 people.
- The sector experienced a significant decline during the COVID-19 pandemic.
- Tourism is a major driver of economic activity in many Alabama communities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the arts, entertainment, and recreation industry in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of Alabama's leisure and hospitality sector, which is an important contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts monitor this trend to assess the state of Alabama's tourism and recreational economy, which can inform economic development strategies and policy decisions.
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 publication of the statistics.
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Citation
U.S. Federal Reserve, All Employees: Leisure and Hospitality: Arts, Entertainment, and Recreation in Alabama (SMS01000007071000001), retrieved from FRED.